Space Heater in Lakewood — $125/yr to Run (13.9¢/kWh)
Your space heater in Lakewood costs about $10/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
$1.04
7.5 kWh/day
Monthly Cost
$10.43
75 kWh/mo
Annual Cost
$125
900 kWh/yr
Lifetime (5yr)
$626
energy only
Monthly Cost Breakdown in Lakewood
| Period | kWh | Lakewood Cost | National Avg | Difference |
|---|---|---|---|---|
| Daily | 7.5 | $1.04 | $0.98 | +$0.07 |
| Weekly | 52.5 | $7.30 | $6.83 | +$0.48 |
| Monthly | 75.0 | $10.43 | $9.75 | +$0.68 |
| Quarterly | 225.0 | $31.30 | $29.25 | +$2.05 |
| Annual | 900.0 | $125.19 | $117.00 | +$8.19 |
Customize Your Space Heater Cost
Adjust usage hours and electricity rate to calculate your exact cost in Lakewood.
Daily
$1.04
Monthly
$10.43
Annual
$125
5-Year
$626
Energy Saving Tips for Space Heater in Lakewood
- ✓Lakewood electricity rates are 7% above the national average — energy efficiency matters more here.
- ✓A smart Space Heater with scheduling optimization can save ~$13/year at Lakewood rates.
- ✓Lakewood's warm climate (avg 76.7°F) means higher cooling costs — consider ceiling fans to supplement.
- ✓Heat only occupied rooms
- ✓Use thermostat models
- ✓Keep away from flammables
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
Space Heater Cost in Other Colorado Cities
| City | Rate | Annual Cost | vs Lakewood |
|---|---|---|---|
| Lakewood (current) | 13.9¢ | $125 | — |
| Denver | 14.5¢ | $131 | +$5 |
| Colorado Springs | 13.7¢ | $123 | $-2 |
| Aurora | 15.4¢ | $138 | +$13 |
| Fort Collins | 13.7¢ | $123 | $-2 |
| Thornton | 15.0¢ | $135 | +$10 |
| Arvada | 14.8¢ | $134 | +$8 |
| Westminster | 15.4¢ | $139 | +$14 |
| Pueblo | 14.8¢ | $134 | +$8 |
Space Heater Energy Cost FAQ — Lakewood, CO
Understanding Space Heater 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 moderate-draw appliance like the Space Heater (1,500W) at Lakewood's rate of 13.9¢/kWh costs approximately $125 per year — $8 more than the national average of $117.
Lakewood rates are 7% above the national average — a modest premium that adds $8 per year to Space Heater operating costs. Over the appliance's 5-year lifespan, that's $41 in cumulative extra spending versus the national average.
With a cost of living index of 104, Lakewood is near the national median. The Space Heater's monthly cost of $10.43 represents a typical share of the average Lakewood electric bill of $128/month. While no ENERGY STAR version is available, a smart Space Heater with automated scheduling can reduce consumption by 10%, saving $13/year.
In Lakewood's warm climate (avg 76.7°F), HVAC-related appliances tend to run more frequently, compounding energy costs. A Space Heater produces approximately 0.64 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.