Electric Water Heater (Tank) in Colorado Springs — $675/yr to Run (13.7¢/kWh)
Your electric water heater (tank) in Colorado Springs costs about $56/month at 13.7¢/kWh. See daily, monthly, and yearly costs, plus tips to cut your bill.
Colorado Springs, CO Electricity Rate
13.7¢/kWh
Utility: Colorado Springs Utilities
+5% vs national avg
National avg: 13.0¢/kWh
Daily Cost
$1.85
13.5 kWh/day
Monthly Cost
$56.21
411 kWh/mo
Annual Cost
$675
4,928 kWh/yr
Lifetime (12yr)
$8,095
energy only
Monthly Cost Breakdown in Colorado Springs
| Period | kWh | Colorado Springs Cost | National Avg | Difference |
|---|---|---|---|---|
| Daily | 13.5 | $1.85 | $1.76 | +$0.09 |
| Weekly | 94.5 | $12.94 | $12.29 | +$0.65 |
| Monthly | 410.6 | $56.21 | $53.38 | +$2.83 |
| Quarterly | 1231.9 | $168.64 | $160.14 | +$8.50 |
| Annual | 4927.5 | $674.57 | $640.58 | +$34.00 |
Customize Your Electric Water Heater (Tank) Cost
Adjust usage hours and electricity rate to calculate your exact cost in Colorado Springs.
Daily
$1.85
Monthly
$56.21
Annual
$675
12-Year
$8,095
Energy Saving Tips for Electric Water Heater (Tank) in Colorado Springs
- ✓Colorado Springs electricity rates are 5% above the national average — energy efficiency matters more here.
- ✓An ENERGY STAR Electric Water Heater (Tank) in Colorado Springs saves ~$101/year compared to standard models.
- ✓A smart Electric Water Heater (Tank) with scheduling optimization can save ~$101/year at Colorado Springs rates.
- ✓Set temperature to 120F
- ✓Insulate tank and hot water pipes
- ✓Drain sediment annually
ENERGY STAR Savings: Upgrading to an ENERGY STAR Electric Water Heater (Tank) in Colorado Springs saves approximately $101/year at local rates — $1,214 over the appliance lifetime.
Highest-Cost Appliances in Colorado Springs, CO
See which appliances cost the most to run at Colorado Springs's 13.7¢/kWh electricity rate.
Level 2 EV Charger (240V)
Transportation · 7,200W
$1,774/yr
$147.85/mo
Electric Furnace
HVAC · 10,000W
$1,232/yr
$102.67/mo
Electric Tankless Water Heater
Water Heating · 18,000W
$899/yr
$74.95/mo
EV Charger (Level 2)
Garage · 7,200W
$887/yr
$73.93/mo
Boiler (Electric)
HVAC · 6,000W
$739/yr
$61.60/mo
Water Heater (Tank Electric)
Water Heating · 4,500W
$675/yr
$56.21/mo
Heat Pump
HVAC · 2,400W
$526/yr
$43.81/mo
Hot Tub / Spa
Pool & Spa · 3,000W
$493/yr
$41.07/mo
Electric Water Heater (Tank) Cost in Other Colorado Cities
| City | Rate | Annual Cost | vs Colorado Springs |
|---|---|---|---|
| Colorado Springs (current) | 13.7¢ | $675 | — |
| Denver | 14.5¢ | $714 | +$40 |
| Aurora | 15.4¢ | $757 | +$83 |
| Fort Collins | 13.7¢ | $674 | $-0 |
| Lakewood | 13.9¢ | $685 | +$11 |
| Thornton | 15.0¢ | $740 | +$65 |
| Arvada | 14.8¢ | $731 | +$57 |
| Westminster | 15.4¢ | $761 | +$86 |
| Pueblo | 14.8¢ | $731 | +$57 |
Electric Water Heater (Tank) Energy Cost FAQ — Colorado Springs, CO
Understanding Electric Water Heater (Tank) Energy Costs in Colorado Springs, CO
Colorado Springs is a mid-sized Colorado city where residential electricity rates from Colorado Springs Utilities are shaped by regional energy supply and local demand patterns. Running a high-draw appliance like the Electric Water Heater (Tank) (4,500W) at Colorado Springs's rate of 13.7¢/kWh costs approximately $675 per year — $34 more than the national average of $641.
Colorado Springs rates are 5% above the national average — a modest premium that adds $34 per year to Electric Water Heater (Tank) operating costs. Over the appliance's 12-year lifespan, that's $408 in cumulative extra spending versus the national average.
With a cost of living index of 114, Colorado Springs is near the national median. The Electric Water Heater (Tank)'s monthly cost of $56.21 represents a typical share of the average Colorado Springs electric bill of $144/month. Upgrading to an ENERGY STAR Electric Water Heater (Tank) can cut energy use by up to 15%, saving approximately $101 per year at Colorado Springs rates.
Colorado Springs's moderate climate (avg 66.9°F) helps keep seasonal energy cost swings manageable for most appliances. A Electric Water Heater (Tank) produces approximately 3.52 tons of CO2 annually at typical usage. Colorado Springs residents can reduce this footprint by choosing an ENERGY STAR certified unit, optimizing usage patterns, or investing in solar — see our solar savings calculator for Colorado Springs.
Compare All Energy Costs in Colorado Springs
See energy costs for 168+ household appliances at Colorado Springs's local electricity rate.