Cost to Run a Electric Water Heater in Colorado
Colorado's average residential electricity rate is 16.5¢/kWh as of April 2026 — the 26th cheapest in the country, 12% below the U.S. average. At typical usage (2.9 hours/day), a electric water heater here costs $65.46 per month.
Per hour
$0.74
at 3,500–5,500 W
Per day
$2.15
2.9 hours/day
Per month
$65.46
397 kWh
Per year
$786
4,763 kWh
By usage level in Colorado
| Usage | Per day | Per month | Per year |
|---|---|---|---|
| Light (1.45 hrs/day) | $1.08 | $32.73 | $393 |
| Typical (2.9 hrs/day) | $2.15 | $65.46 | $786 |
| Heavy (5.8 hrs/day) | $4.31 | $131 | $1,572 |
Colorado vs. the rest of the country
Monthly cost at typical usage.
Frequently asked questions
How much does it cost to run a electric water heater in Colorado?
At Colorado's current average residential rate of 16.5¢/kWh (April 2026), a electric water heater with typical usage costs about $2.15 per day, $65.46 per month, or $786 per year.
Is running a electric water heater in Colorado more expensive than average?
No — it's cheaper. Colorado's rate is about 12% below the U.S. average: $65.46 per month here versus $74.58 nationally.
What does electricity cost in Colorado right now?
Colorado residents pay an average of 16.5¢ per kWh as of April 2026 — the 26th cheapest rate of the 51 U.S. jurisdictions we track.