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Xcel Energy Colorado electric rates

Updated October 7, 2026 · Source: EIA Form 861 (2024), 25AL-0494E

Investor-owned utility serving 1,365,053 homes in Colorado.

Your rate

15.05¢per kWh, average residential rate 8% lower than the U.S. average (16.4¢)

$87average monthly bill at the current tariff$1,038 a year

600kWh used per month, average home

+31%rate change since 2020U.S. average: +28%

Estimate your bill

Electricity you use each month (kWh)

It's on your bill, usually near the top. Starting at 600 kWh, the average for Xcel Energy Colorado homes.

kWh

$87 a month

$7 fixed charge + 13.2¢ × 600 kWh

This is an estimate. Tariff: $7.10 fixed + 13.2¢/kWh effective January 1, 2026 (source). Schedule RE-TOU Residential Energy Time-of-Use (default for AMI customers; R-OO flat opt-out: 10.380c summer / 8.570c winter base). cents_kwh = summer off-peak: base 7.884c + adjustments (ECA, PCCA, TCA, DSM, RESA, CEP, WMA, etc.) 5.359c = 13.24c; winter off-peak 6.792c + 4.779c = 11.57c; summer on-peak (5-9pm weekdays) 21.277c + 14.78c = 36.06c. Fixed = service & facility charge $7.10/mo per Xcel brochure (OpenEI shows $7.93 incl. a rider). Xcel has a pending ~9.9% rate request (filed for Aug 2026). Your bill also includes taxes and fuel adjustments that change month to month.

Rate cases

Docket	Status	Filed	Requested	Approved	Effective
25AL-0494E	Approved	November 21, 2025	9.9% ($356M)	4.77%	August 29, 2026

25AL-0494E: Xcel Energy Colorado filed Nov. 21, 2025 for $356 million more in annual electric revenue (about 9.9% or $9.94 per month for an average residential customer) to recover pole, transformer and generation investments. A June 2026 settlement proposed $225 million; the PUC's Aug. 20, 2026 decision approved $157 million (56% below the request), a 4.77% residential increase of about $5.00 per month for a 601 kWh customer ($104.91 to $109.92), effective Aug. 29, 2026, with expanded PIPP affordability protections. Scaled to 1,000 kWh the increase is roughly $8.32. Source

Rate history

Xcel Energy Colorado's average rate is up 31% since 2020, versus +28% for the U.S. average.

Average residential revenue per kWh, EIA-861. Includes delivery and, where the utility sells it, supply.

Rebates for heat pumps, batteries and EV chargers

We haven't found utility-level rebates for Xcel Energy Colorado yet. Check Colorado programs or read what's left after the federal credits ended.

About Xcel Energy Colorado

Legal name: Public Service Co of Colorado (Xcel Energy)
Ownership: Investor Owned
Homes served: 1,365,053 residential customers (2024)
Grid operator: PSCO
Retail choice: No — one bundled rate
Data: EIA-861 2024, released October 7, 2026; rate cases checked October 7, 2026

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