MONTHLY CHARGING
$39/mo
EV Charging Costs in Colorado
At 14.64¢/kWh, Colorado is 9% below the national average (16.11¢/kWh). Ranked number 36 cheapest out of 51.
35 mi
5 mi120 mi
State rate locked at 14.6¢/kWh (EIA residential average).
Colorado savings
YOU SAVE$1,129/year
In Colorado, versus a 28 MPG gas car at $3.50/gal. Over 5 years, that is $5,647.
71%
FUEL CUT
ANNUAL SAVINGS
$1,129/yr
COST PER MILE
$0.037 EV
GAS
$0.13
EV
$0.04
5 YEAR SAVINGS
$5,647 total
Live savings meter
GAS/yr
SAVES
/yr
EV/yr
Similar states by rate
| State | Rate | Monthly | Rank |
|---|---|---|---|
| Colorado (you) | 14.64¢ | $38.43 | #36 |
| Alabama | 14.3¢ | $37.54 | #33 |
| Delaware | 14.44¢ | $37.91 | #34 |
| District of Columbia | 14.63¢ | $38.40 | #35 |
| Maryland | 15.13¢ | $39.72 | #37 |
| Wisconsin | 15.94¢ | $41.84 | #38 |
What the rate means for you
Colorado's residential electricity rate of 14.64¢/kWh is 9% below the national average. For a typical EV owner driving 35 miles per day, this translates to about $38.43 per month in charging costs, or $461.16 annually. Compared to fueling a 28 MPG gas car at $3.50 per gallon, you save $1,114 per year.
At $0.037 per mile for electricity versus $0.125 per mile for gas, driving electric in Colorado costs 71% less per mile. Over 5 years of typical driving (12,775 miles per year), that adds up to $5,569 in fuel savings alone, before accounting for reduced maintenance costs.
A full charge on a Tesla Model 3 (60 kWh battery, 272 miles of range) costs $8.78 in Colorado. Most daily charging sessions only use 20 to 40 percent of the battery, so a typical overnight charge costs $2.64 to $3.51.
FAQ
Frequently asked
At Colorado's average residential rate of 14.64¢/kWh, charging a Tesla Model 3 (60 kWh battery) from empty costs $8.78. For a typical driver covering 35 miles per day, monthly charging costs are about $38.43.