Colorado’s electric rates higher than neighbors’

December 13, 2011 by Amy · Comments Off
Filed under: Archive, New Energy Economy 

USA Today reports that Americans’ household electric bills are going up and up and up. While Colorado’s residential rate is slightly below the national average of 11.54 cents per kilowatt hour, its higher than all neighboring states and second highest among the Mountain West states. Only Nevada has higher residential electric rates than Colorado. Most of the western states with the highest electric rates, also have the highest renewable energy mandates (Renewable Portfolio Standards or RPS).

Mountain West States Residential Electric Rates

STATE Residential price per kw rank RPS/Year
Nevada 12.36 1 20%/2015
Colorado 11.04 2 30%/2020
Arizona 10.97 3 15%/2025
New Mexico 10.52 4 20%/2020
Montana 9.16 5 15%/2015
Wyoming 8.77 6 N/A
Utah 8.71 7 voluntary
Idaho 7.99 8 N/A

Colorado Residential Electric Rates versus Neighboring States

STATE Residential Price per kw Rank RPS/Year
Colorado 11.04 1 30%/2020
Arizona 10.97 2 15%/2025
New Mexico 10.52 3 20%/2020
Kansas 10.03 4 N/A
Oklahoma 9.14 5 N/A
Nebraska 8.94 6 N/A
Wyoming 8.77 7 N/A
Utah 8.71 8 voluntary