15.90¢
per kWh, 2025
[ Xcel Energy Colorado / CO · 25AL-0494E ]
Xcel Energy Colorado: 4.8% approved for 1,379,910 Colorado homes
APPROVED
rate increase approved
16.66¢
per kWh with the increase
1,379,910
residential customers
+38.7%
since 2020
What your bill becomes
Bill today
After the increase
Difference / month · / year
Estimated at Xcel Energy Colorado's average effective residential rate (15.90¢/kWh, EIA, all charges included). Your tariff, fees and taxes differ.
Rate case 25AL-0494E
Approved Docket 25AL-0494E ↗
- Nov 2025Filed with the commission as docket 25AL-0494E
- Aug 2026Commission approved 4.77% (asked: 9.9%)
Xcel Energy (Public Service Company of Colorado) filed on November 21, 2025 for a $355.6 million electric increase, which would have lifted the average residential bill from $100 to $110 a month (9.9%) to recover three years of infrastructure and clean energy spending. In June 2026 Xcel, commission staff and several groups filed a settlement proposing about $224.9 million, roughly 37% below the request (Colorado PUC newsletter). The PUC approved an increase on August 19, 2026; Denver7 reports the final order cut the original request by 56% and raises residential and commercial bills 4.77%, about $5 more a month for a household.
Rate history 2015–2025
| Year | ¢/kWh | Change | Customers |
|---|---|---|---|
| 2015 | 11.60¢ | — | 1,211,662 |
| 2016 | 11.47¢ | −1.1% | 1,228,305 |
| 2017 | 11.35¢ | −1.1% | 1,244,432 |
| 2018 | 11.12¢ | −2.0% | 1,262,866 |
| 2019 | 11.09¢ | −0.3% | 1,281,850 |
| 2020 | 11.46¢ | +3.3% | 1,298,707 |
| 2021 | 12.45¢ | +8.6% | 1,314,481 |
| 2022 | 14.13¢ | +13.5% | 1,328,979 |
| 2023 | 14.34¢ | +1.5% | 1,346,146 |
| 2024 | 15.05¢ | +5.0% | 1,365,053 |
| 2025 | 15.90¢ | +5.7% | 1,379,910 |
How this compares
15.69¢
Colorado average, 2025
+1.3%
Xcel Energy Colorado vs CO 2025 average
−7.7%
vs US 2025 average
#14
priciest in CO
Xcel Energy Colorado files with the EIA as Public Service Co of Colorado (utility ID 15466).
Serves 56 counties in Colorado: Adams, Alamosa, Arapahoe, Archuleta, Baca, Bent, Boulder, Chaffee, Clear Creek, Conejos, Costilla, Crowley, Custer, Delta, Denver, Dolores, Douglas, Eagle, El Paso, Elbert, Fremont, Garfield, Gilpin, Grand, Gunnison, Hinsdale, Huerfano, Jefferson, Kiowa, La Plata, Lake, Larimer, Las Animas, Logan, Mesa, Mineral, Moffat, Montezuma, Montrose, Morgan, Otero, Ouray, Park, Pitkin, Prowers, Pueblo, Rio Blanco, Rio Grande, Routt, Saguache, San Miguel, Summit, Teller, Washington, Weld, Yuma. 344 ZIP codes.
What the numbers show
Since 2015, Xcel Energy Colorado's average residential rate has gone from 11.60¢ to 15.90¢ per kWh: +37.1% over 10 years, or about +3.2% a year. It rose in 6 of the 10 years we can compare, and the biggest one-year increase was +13.5% in 2022. The largest drop was −2.0% in 2018.
For a home using 658 kWh a month, the Colorado average, Xcel Energy Colorado's 2025 rate works out to about $1,255 a year, $17 more than at Colorado's average rate of 15.69¢. Of the 33 Colorado utilities in our data with a 2025 price, it is the 14th most expensive.
Xcel Energy Colorado served 1,211,662 homes in 2015 and 1,379,910 in 2025 (+13.9%), about 54% of Colorado's residential electricity customers.
Who sets Xcel Energy Colorado's rates
Xcel Energy Colorado is investor-owned, so it can change its base rates only by filing a rate case with the Colorado Public Utilities Commission. The commission holds hearings and takes public comment before it rules, and it usually approves less than the company asks for. Fuel and other pass-through charges can change between rate cases.
Commission contact: Colorado Public Utilities Commission. How we calculate every figure on this page: methodology.
Questions
Did Xcel Energy Colorado get a rate increase?
Yes. The Colorado Public Utilities Commission approved 4.77% in docket 25AL-0494E in Aug 2026. The company had asked for 9.9%.
What does Xcel Energy Colorado charge per kWh?
Xcel Energy Colorado's average effective residential rate was 15.90¢ per kWh in 2025 (EIA-861, revenue divided by sales, all charges included). Colorado's 2025 average was 15.69¢.
How much have Xcel Energy Colorado rates gone up in five years?
+38.7% between 2020 and 2025, against +27.0% for Colorado as a whole over the latest five-year window.
How many customers does Xcel Energy Colorado have in Colorado?
1,379,910 residential customers in 2025, across 56 counties including Adams, Alamosa, Arapahoe, according to the EIA-861 survey.
Where do these numbers come from?
Rates and customer counts are from the US Energy Information Administration's annual EIA-861 survey; rate-case facts are from the Colorado Public Utilities Commission docket linked on this page. Nothing here is a utility bill; use it to understand the direction and size of changes.
Sources
Last verified 2026-10-16
- Colorado PUC: Xcel Energy electric rate increase proposal, Proceeding No. 25AL-0494E checked 2026-10-16
- Colorado PUC newsletter, Summer 2026 (settlement update) checked 2026-10-16
- CBS Colorado: Xcel Energy seeks nearly 10% electricity rate hike checked 2026-10-16
- Denver7: Xcel Energy rate increase takes effect checked 2026-10-16
- EIA-861 Sales to Ultimate Customers, 2015–2025 (released 2026-10-07)
- EIA-861M monthly state averages through Jul 2026
- NREL utility-by-ZIP lookup (2024)