Cost to Run a Electric Furnace in Colorado
Colorado's average residential electricity rate is 17¢/kWh as of July 2026 — the 30th cheapest in the country, 7% below the U.S. average. At typical usage (5 hours/day), a electric furnace here costs $310 per month.
Per hour
$2.04
at 10,000–20,000 W
Per day
$10.20
5 hours/day
Per month
$310
1,824 kWh
Per year
$3,723
21,900 kWh
By usage level in Colorado
| Usage | Per day | Per month | Per year |
|---|---|---|---|
| Light (2.5 hrs/day) | $5.10 | $155 | $1,862 |
| Typical (5 hrs/day) | $10.20 | $310 | $3,723 |
| Heavy (10 hrs/day) | $20.40 | $620 | $7,446 |
Colorado vs. the rest of the country
Monthly cost at typical usage.
Frequently asked questions
How much does it cost to run a electric furnace in Colorado?
At Colorado's current average residential rate of 17¢/kWh (July 2026), a electric furnace with typical usage costs about $10.20 per day, $310 per month, or $3,723 per year.
Is running a electric furnace in Colorado more expensive than average?
No — it's cheaper. Colorado's rate is about 7% below the U.S. average: $310 per month here versus $334 nationally.
What does electricity cost in Colorado right now?
Colorado residents pay an average of 17¢ per kWh as of July 2026 — the 30th cheapest rate of the 51 U.S. jurisdictions we track.