MONTHLY CHARGING
$44/mo
EV Charging Costs in Colorado
At 16.72¢/kWh, Colorado is 8% below the national average (18.19¢/kWh). Ranked number 30 cheapest out of 51.
35 mi
5 mi120 mi
State rate locked at 16.7¢/kWh (EIA residential average).
Colorado savings
YOU SAVE$1,419/year
In Colorado, versus a 28 MPG gas car at $4.28/gal. Over 5 years, that is $7,094.
73%
FUEL CUT
ANNUAL SAVINGS
$1,419/yr
COST PER MILE
$0.042 EV
GAS
$0.15
EV
$0.04
5 YEAR SAVINGS
$7,094 total
Live savings meter
GAS1,953/yr
SAVES
1,419
/yr
EV534/yr
Similar states by rate
What the rate means for you
Colorado's residential electricity rate of 16.72¢/kWh is 8% below the national average. For a typical EV owner driving 35 miles per day, this translates to about $44.50 per month in charging costs, or $533.99 annually. Compared to fueling a 28 MPG gas car at the US average of $4.28 per gallon, you save $1,419 per year.
At $0.042 per mile for electricity versus $0.153 per mile for gas, driving electric in Colorado costs 73% less per mile. Over 5 years of typical driving (12,775 miles per year), that adds up to $7,094 in fuel savings alone, before accounting for reduced maintenance costs.
A full charge on a 2026 Tesla Model 3 Premium RWD (75 kWh battery, 363 miles of range) costs $12.54 in Colorado. Most daily charging sessions only use 20 to 40 percent of the battery, so a typical overnight charge costs $3.76 to $5.02.
FAQ
Frequently asked
At Colorado's average residential rate of 16.72¢/kWh, charging a 2026 Tesla Model 3 Premium RWD (75 kWh battery) from empty costs $12.54. For a typical driver covering 35 miles per day, monthly charging costs are about $44.50.