Smart Thermostat in Lakewood — $6/yr to Run (13.9¢/kWh)
Your smart thermostat in Lakewood costs about $1/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
$0.02
0.1 kWh/day
Monthly Cost
$0.51
4 kWh/mo
Annual Cost
$6
44 kWh/yr
Lifetime (10yr)
$61
energy only
Monthly Cost Breakdown in Lakewood
| Period | kWh | Lakewood Cost | National Avg | Difference |
|---|---|---|---|---|
| Daily | 0.1 | $0.02 | $0.02 | +$0.00 |
| Weekly | 0.8 | $0.12 | $0.11 | +$0.01 |
| Monthly | 3.6 | $0.51 | $0.47 | +$0.03 |
| Quarterly | 10.9 | $1.52 | $1.42 | +$0.10 |
| Annual | 43.8 | $6.09 | $5.69 | +$0.40 |
Customize Your Smart Thermostat Cost
Adjust usage hours and electricity rate to calculate your exact cost in Lakewood.
Daily
$0.02
Monthly
$0.51
Annual
$6
10-Year
$61
Energy Saving Tips for Smart Thermostat in Lakewood
- ✓Lakewood electricity rates are 7% above the national average — energy efficiency matters more here.
- ✓An ENERGY STAR Smart Thermostat in Lakewood saves ~$1/year compared to standard models.
- ✓A smart Smart Thermostat with scheduling optimization can save ~$1/year at Lakewood rates.
- ✓Lakewood's warm climate (avg 76.7°F) means higher cooling costs — consider ceiling fans to supplement.
- ✓Enable learning features
- ✓Set schedules based on occupancy
ENERGY STAR Savings: Upgrading to an ENERGY STAR Smart Thermostat in Lakewood saves approximately $1/year at local rates — $14 over the appliance lifetime.
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 Furnace
HVAC · 10,000W
$1,252/yr
$104.33/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
Smart Thermostat Cost in Other Colorado Cities
| City | Rate | Annual Cost | vs Lakewood |
|---|---|---|---|
| Lakewood (current) | 13.9¢ | $6 | — |
| Denver | 14.5¢ | $6 | +$0 |
| Colorado Springs | 13.7¢ | $6 | $-0 |
| Aurora | 15.4¢ | $7 | +$1 |
| Fort Collins | 13.7¢ | $6 | $-0 |
| Thornton | 15.0¢ | $7 | +$0 |
| Arvada | 14.8¢ | $6 | +$0 |
| Westminster | 15.4¢ | $7 | +$1 |
| Pueblo | 14.8¢ | $6 | +$0 |
Smart Thermostat Energy Cost FAQ — Lakewood, CO
Understanding Smart Thermostat 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 low-draw appliance like the Smart Thermostat (5W) at Lakewood's rate of 13.9¢/kWh costs approximately $6 per year — $0 more than the national average of $6.
Lakewood rates are 7% above the national average — a modest premium that adds $0 per year to Smart Thermostat operating costs. Over the appliance's 10-year lifespan, that's $4 in cumulative extra spending versus the national average.
With a cost of living index of 104, Lakewood is near the national median. The Smart Thermostat's monthly cost of $0.51 represents a typical share of the average Lakewood electric bill of $128/month. Upgrading to an ENERGY STAR Smart Thermostat can cut energy use by up to 23%, saving approximately $1 per year at Lakewood rates.
In Lakewood's warm climate (avg 76.7°F), HVAC-related appliances tend to run more frequently, compounding energy costs. A Smart Thermostat produces approximately 0.03 tons of CO2 annually at typical usage. Lakewood 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 Lakewood.
Compare All Energy Costs in Lakewood
See energy costs for 168+ household appliances at Lakewood's local electricity rate.