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Cost to run an electric car in Colorado (July 2026 rates)

At 17.00¢ per kilowatt-hour — Colorado's average residential price in July 2026 — running an electric car costs $646 a year. That is 7% less than the national average of $696. Colorado's residential rate is up 6.3% from July 2025, which moves this appliance from $608 to $646 a year.

Per day
$1.77
Per month
$53.83
Per year
$646

Assumption: 3,800 kWh a year. 12,000 miles a year at roughly 3.5 miles per kWh, plus about 10% charging losses, on home Level 2 charging. Use the calculator to swap in the numbers from your own model.

How Colorado compares

Colorado pays 17.00¢/kWh, the 22nd most expensive residential electricity of the 51 U.S. jurisdictions EIA reports. For this appliance that works out to $49.78 less a year than the typical U.S. household pays for the same use. Running the same electric car costs $483 a year in Louisiana and $1,824 in Hawaii, so where you live changes this bill by $1,341 a year.

StateRatePer monthPer year
Alabama16.40¢$51.93$623
Indiana16.73¢$52.98$636
Colorado17.00¢$53.83$646
Minnesota17.45¢$55.26$663
Virginia17.55¢$55.58$667

States ranked by average residential price, cheapest first. See all 51 states for an electric car.

What else costs about the same in Colorado

Cutting the number down

Questions

How much does an electric car cost per month in Colorado?
About $53.83 a month, assuming 3,800 kWh a year at 17.00¢/kWh.
How many kilowatt-hours does an electric car use?
Roughly 3,800 kWh a year under these assumptions.
Is that expensive compared with other states?
Colorado has the 22nd most expensive average residential rate in the country, so this appliance costs less here than the U.S. average of $696 a year.