Heat Pump Water Heater in Fort Collins — $150/yr to Run (13.7¢/kWh)
Your heat pump water heater in Fort Collins costs about $12/month at 13.7¢/kWh. See daily, monthly, and yearly costs, plus tips to cut your bill.
Fort Collins, CO Electricity Rate
13.7¢/kWh
Utility: Xcel Energy
+5% vs national avg
National avg: 13.0¢/kWh
Daily Cost
$0.41
3.0 kWh/day
Monthly Cost
$12.48
91 kWh/mo
Annual Cost
$150
1,095 kWh/yr
Lifetime (15yr)
$2,247
energy only
Monthly Cost Breakdown in Fort Collins
| Period | kWh | Fort Collins Cost | National Avg | Difference |
|---|---|---|---|---|
| Daily | 3.0 | $0.41 | $0.39 | +$0.02 |
| Weekly | 21.0 | $2.87 | $2.73 | +$0.14 |
| Monthly | 91.3 | $12.48 | $11.86 | +$0.62 |
| Quarterly | 273.8 | $37.45 | $35.59 | +$1.86 |
| Annual | 1095.0 | $149.80 | $142.35 | +$7.45 |
Customize Your Heat Pump Water Heater Cost
Adjust usage hours and electricity rate to calculate your exact cost in Fort Collins.
Daily
$0.41
Monthly
$12.48
Annual
$150
15-Year
$2,247
Energy Saving Tips for Heat Pump Water Heater in Fort Collins
- ✓Fort Collins electricity rates are 5% above the national average — energy efficiency matters more here.
- ✓An ENERGY STAR Heat Pump Water Heater in Fort Collins saves ~$45/year compared to standard models.
- ✓A smart Heat Pump Water Heater with scheduling optimization can save ~$30/year at Fort Collins rates.
- ✓Keep in a warm area like a garage
- ✓Dont block airflow around unit
- ✓Use heat pump only mode for max savings
ENERGY STAR Savings: Upgrading to an ENERGY STAR Heat Pump Water Heater in Fort Collins saves approximately $45/year at local rates — $674 over the appliance lifetime.
Highest-Cost Appliances in Fort Collins, CO
See which appliances cost the most to run at Fort Collins's 13.7¢/kWh electricity rate.
Level 2 EV Charger (240V)
Transportation · 7,200W
$1,773/yr
$147.74/mo
Electric Furnace
HVAC · 10,000W
$1,231/yr
$102.60/mo
Electric Tankless Water Heater
Water Heating · 18,000W
$899/yr
$74.90/mo
EV Charger (Level 2)
Garage · 7,200W
$886/yr
$73.87/mo
Boiler (Electric)
HVAC · 6,000W
$739/yr
$61.56/mo
Electric Water Heater (Tank)
Water Heating · 4,500W
$674/yr
$56.17/mo
Water Heater (Tank Electric)
Water Heating · 4,500W
$674/yr
$56.17/mo
Heat Pump
HVAC · 2,400W
$525/yr
$43.78/mo
Heat Pump Water Heater Cost in Other Colorado Cities
| City | Rate | Annual Cost | vs Fort Collins |
|---|---|---|---|
| Fort Collins (current) | 13.7¢ | $150 | — |
| Denver | 14.5¢ | $159 | +$9 |
| Colorado Springs | 13.7¢ | $150 | +$0 |
| Aurora | 15.4¢ | $168 | +$19 |
| Lakewood | 13.9¢ | $152 | +$3 |
| Thornton | 15.0¢ | $164 | +$15 |
| Arvada | 14.8¢ | $162 | +$13 |
| Westminster | 15.4¢ | $169 | +$19 |
| Pueblo | 14.8¢ | $162 | +$13 |
Heat Pump Water Heater Energy Cost FAQ — Fort Collins, CO
Understanding Heat Pump Water Heater Energy Costs in Fort Collins, CO
Fort Collins 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 low-draw appliance like the Heat Pump Water Heater (500W) at Fort Collins's rate of 13.7¢/kWh costs approximately $150 per year — $7 more than the national average of $142.
Fort Collins rates are 5% above the national average — a modest premium that adds $7 per year to Heat Pump Water Heater operating costs. Over the appliance's 15-year lifespan, that's $112 in cumulative extra spending versus the national average.
With a cost of living index of 97, Fort Collins is near the national median. The Heat Pump Water Heater's monthly cost of $12.48 represents a typical share of the average Fort Collins electric bill of $163/month. Upgrading to an ENERGY STAR Heat Pump Water Heater can cut energy use by up to 30%, saving approximately $45 per year at Fort Collins rates.
Fort Collins's moderate climate (avg 65.5°F) helps keep seasonal energy cost swings manageable for most appliances. A Heat Pump Water Heater produces approximately 0.78 tons of CO2 annually at typical usage. Fort Collins 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 Fort Collins.
Compare All Energy Costs in Fort Collins
See energy costs for 168+ household appliances at Fort Collins's local electricity rate.