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Xcel Energy

Xcel Energy is a electric & gas utility serving 1,400,000 customers in Colorado. Average residential rate: 15.56¢/kWh (9.6% below national average).

15.56¢

per kWh

1,400,000

customers

CO

state

Electric & Gas

service type

Rate Comparison

MetricXcel EnergyColorado AvgNational Avg
Avg Rate15.56¢/kWh15.56¢/kWh17.22¢/kWh
Est. Monthly Bill (900 kWh)$140.04$140.04$154.98
Est. Annual Bill (900 kWh/mo)$1,680.48$1,680.48$1,859.76

About Xcel Energy

Xcel Energy is one of the major electric utilities serving Colorado. With 1,400,000 customers, it ranks among the largest utilities in the state.

The utility's average rate of 15.56¢/kWh is 9.6% below the national average of 17.22¢/kWh.

Visit the official Xcel Energy website for current rates, outage maps, and payment options.

Other Utilities in Colorado

UtilityRate (¢/kWh)CustomersType
Colorado Springs Utilities13.50¢260,000both

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Data verified March 2026 · Source: U.S. Energy Information Administration (EIA)