Electric Furnace in Lakewood — $1,252/yr to Run (13.9¢/kWh)
Your electric furnace in Lakewood costs about $104/month at 13.9¢/kWh. See daily, monthly, and yearly costs, plus tips to cut your bill.
Lakewood, CO Electricity Rate
13.9¢/kWh
Utility: Xcel Energy
+7% vs national avg
National avg: 13.0¢/kWh
Daily Cost
$8.35
60.0 kWh/day
Monthly Cost
$104.33
750 kWh/mo
Annual Cost
$1,252
9,000 kWh/yr
Lifetime (20yr)
$25,038
energy only
Monthly Cost Breakdown in Lakewood
| Period | kWh | Lakewood Cost | National Avg | Difference |
|---|---|---|---|---|
| Daily | 60.0 | $8.35 | $7.80 | +$0.55 |
| Weekly | 420.0 | $58.42 | $54.60 | +$3.82 |
| Monthly | 750.0 | $104.33 | $97.50 | +$6.83 |
| Quarterly | 2250.0 | $312.98 | $292.50 | +$20.48 |
| Annual | 9000.0 | $1251.90 | $1170.00 | +$81.90 |
Customize Your Electric Furnace Cost
Adjust usage hours and electricity rate to calculate your exact cost in Lakewood.
Daily
$8.35
Monthly
$104.33
Annual
$1,252
20-Year
$25,038
Energy Saving Tips for Electric Furnace in Lakewood
- ✓Lakewood electricity rates are 7% above the national average — energy efficiency matters more here.
- ✓A smart Electric Furnace with scheduling optimization can save ~$188/year at Lakewood rates.
- ✓Lakewood's warm climate (avg 76.7°F) means higher cooling costs — consider ceiling fans to supplement.
- ✓Consider switching to a heat pump
- ✓Insulate your home well
- ✓Use a smart thermostat
Highest-Cost Appliances in Lakewood, CO
See which appliances cost the most to run at Lakewood's 13.9¢/kWh electricity rate.
Level 2 EV Charger (240V)
Transportation · 7,200W
$1,803/yr
$150.23/mo
Electric Tankless Water Heater
Water Heating · 18,000W
$914/yr
$76.16/mo
EV Charger (Level 2)
Garage · 7,200W
$901/yr
$75.11/mo
Boiler (Electric)
HVAC · 6,000W
$751/yr
$62.59/mo
Electric Water Heater (Tank)
Water Heating · 4,500W
$685/yr
$57.12/mo
Water Heater (Tank Electric)
Water Heating · 4,500W
$685/yr
$57.12/mo
Heat Pump
HVAC · 2,400W
$534/yr
$44.51/mo
Hot Tub / Spa
Pool & Spa · 3,000W
$501/yr
$41.73/mo
Electric Furnace Cost in Other Colorado Cities
| City | Rate | Annual Cost | vs Lakewood |
|---|---|---|---|
| Lakewood (current) | 13.9¢ | $1,252 | — |
| Denver | 14.5¢ | $1,305 | +$53 |
| Colorado Springs | 13.7¢ | $1,232 | $-20 |
| Aurora | 15.4¢ | $1,383 | +$131 |
| Fort Collins | 13.7¢ | $1,231 | $-21 |
| Thornton | 15.0¢ | $1,351 | +$99 |
| Arvada | 14.8¢ | $1,336 | +$84 |
| Westminster | 15.4¢ | $1,390 | +$138 |
| Pueblo | 14.8¢ | $1,336 | +$84 |
Electric Furnace Energy Cost FAQ — Lakewood, CO
Understanding Electric Furnace Energy Costs in Lakewood, CO
Lakewood is a mid-sized Colorado city where residential electricity rates from Xcel Energy are shaped by regional energy supply and local demand patterns. Running a high-draw appliance like the Electric Furnace (10,000W) at Lakewood's rate of 13.9¢/kWh costs approximately $1,252 per year — $82 more than the national average of $1,170.
Lakewood rates are 7% above the national average — a modest premium that adds $82 per year to Electric Furnace operating costs. Over the appliance's 20-year lifespan, that's $1,638 in cumulative extra spending versus the national average.
With a cost of living index of 104, Lakewood is near the national median. The Electric Furnace's monthly cost of $104.33 represents a typical share of the average Lakewood electric bill of $128/month. While no ENERGY STAR version is available, a smart Electric Furnace with automated scheduling can reduce consumption by 15%, saving $188/year.
In Lakewood's warm climate (avg 76.7°F), HVAC-related appliances tend to run more frequently, compounding energy costs. A Electric Furnace produces approximately 6.43 tons of CO2 annually at typical usage. Lakewood residents can reduce this footprint by optimizing usage patterns, or investing in solar — see our solar savings calculator for Lakewood.
Compare All Energy Costs in Lakewood
See energy costs for 168+ household appliances at Lakewood's local electricity rate.