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Investor Owned · 1,379,910 residential customers · Colorado

Why is my Xcel Energy Colorado electric bill so high?

EIA respondent: Public Service Co of Colorado. Reviewed October 14, 2026. Also searched as Xcel Energy.

In 2025, Xcel Energy Colorado reported 1,379,910 residential full service customers under the EIA name Public Service Co of Colorado. Average revenue was 15.90¢ per kWh. The average monthly bill in that filing was $92.91 for 584 kWh.

15.90¢ is about even with Colorado's 2025 statewide residential average of 15.69¢. In July 2026 the state residential price was 17.00¢, versus 15.99¢ a year earlier (+6.3%). The utility number is a 2025 annual average. The state number is one later month. They answer different questions.

From 2024 to 2025, the average monthly bill for full service changed +2.9%. Average use changed −2.6% and average price changed +5.7%. Holding the 2024 price fixed, the usage change accounts for −$2.36 a month. The price change, applied to 2025 usage, accounts for $4.98.

EIA Form 861, 2025 final · Reviewed October 14, 2026

EIA Electric Power Monthly, Table 5.6.A · Reviewed October 14, 2026

Full service

15.90¢

per kWh, 2025 average revenue

$92.91 / month at 584 kWh

Price +5.7% from 2024

The rate on the record

Investor-owned base rates are usually set in a state docket. Riders can change outside a full rate case. Average revenue per kilowatt-hour is total residential revenue divided by residential sales. It is not a tariff schedule.

2025 residential averages by EIA service type
Service Customers Price Monthly use Monthly bill Vs 2024 price
Full service 1,379,910 15.90¢ 584 kWh $92.91 +5.7%

EIA-861 sales to ultimate customers, 2025 final, compared with 2024 · Reviewed October 14, 2026

Audit the full service average

Revenue 1,538,483.8 thousand dollars. Sales 9,674,324 MWh. Customers 1,379,910. Cents per kWh = revenue ÷ megawatt-hours × 100. Monthly bill = revenue × 1,000 ÷ customers ÷ 12.

Why a Xcel Energy Colorado bill moved

Usage and price pulled in opposite directions

Xcel Energy Colorado reported a full service average of $92.91 a month in 2025, +2.9% from $90.26 in 2024. Holding the 2024 price fixed, the usage change of −2.6% is worth −$2.36 a month. The price change of +5.7%, from 15.05¢ to 15.90¢, is worth $4.98 on 2025 usage.

Near the Colorado average

15.90¢ per kWh is about even with Colorado's 2025 residential average of 15.69¢. July 2026 in the state was 17.00¢, versus 15.99¢ a year earlier (+6.3%). The utility figure is a full year of average revenue. The state figure is one later month. A household that uses more than 584 kWh will not land on $92.91.

One full-service average

1,379,910 residential customers were on Xcel Energy Colorado full service in 2025, at 15.90¢ per kWh. That average folds in the customer charge and whatever riders the utility booked as residential revenue. It is not the last block on a tiered tariff.

Colorado PUC approved about $157 million, or $5 a month

Colorado Public Utilities Commission, Proceeding 25AL-0494E. On August 21, 2026 the Colorado PUC said it had cut Public Service Company of Colorado's electric rate request. The November 21, 2025 filing sought $356 million, about 9.9 percent or $9.94 a month for a residential customer. A non-unanimous settlement was $225 million, about 5.86 percent or $6.13. The commission… The rate-case section has the full citation.

Rate cases and hikes

Season

The 2025 monthly average for this Xcel Energy Colorado service was 584 kWh, and the Colorado residential average was 658 kWh. A single month can sit far from either figure. Compare kilowatt-hours with the same month last year before you treat the whole increase as a rate hike.

Time-of-use is already on the EIA schedule

EIA's 2025 dynamic-pricing file shows residential time-of-use activity at Xcel Energy Colorado, with 1,375,000 residential customers enrolled in dynamic pricing. The expensive window is in the tariff, not in that enrollment count. Shifting a dishwasher or an EV charger only helps if you are actually on that schedule.

EIA-861 2025 and 2024 residential sales · Reviewed October 14, 2026

Rate cases and hikes

decided · Proceeding 25AL-0494E

Colorado PUC approved about $157 million, or $5 a month

On August 21, 2026 the Colorado PUC said it had cut Public Service Company of Colorado's electric rate request. The November 21, 2025 filing sought $356 million, about 9.9 percent or $9.94 a month for a residential customer. A non-unanimous settlement was $225 million, about 5.86 percent or $6.13. The commission approved about $157 million, a residential increase of 4.77 percent or $5.00 a month, effective August 29, 2026. The release also says the decision expands the Percentage of Income Payment Plan and opens a proceeding on disconnection patterns.

The press release said a final written decision was still to be issued the week after August 21, 2026. Xcel's rate-review page agrees with the $5 residential figure. Treat the press release as the decision, and note the appeal window that follows a written order.

Colorado PUC press release, August 21, 2026 (Colorado Public Utilities Commission) · Reviewed October 14, 2026

Assistance

One Xcel Energy Colorado program was read from an official page. LIHEAP is still the federal backstop. Any other discount not named here needs verification.

Percentage of Income Payment Plan

The Colorado PUC's August 21, 2026 press release says the Public Service Company decision expands the Percentage of Income Payment Plan. Eligibility rules are in that proceeding, not restated as a dollar credit here.

Colorado PUC press release, August 21, 2026 · Reviewed October 14, 2026

LIHEAP program · State and territory contacts · Xcel Energy Colorado site

LIHEAP · Reviewed October 14, 2026

How to lower the bill

  1. Read the kilowatt-hours against this filing's average of 584 kWh a month. If your use is the thing that moved, the dollar total can rise on an unchanged rate.
  2. On the statement, separate the base energy charge from fuel or rider lines. A rider can move the total in a month when no new base-rate order exists.
  3. Match this month's weather to last year's same month. A mild comparison month makes an ordinary bill look like a hike.
  4. Ask about Percentage of Income Payment Plan before a payment arrangement. Income rules are on the linked page.
  5. 1,375,000 residential customers were already on a dynamic price in the 2025 EIA file. If you are one of them, the window on the tariff is the lever. If you are not, calling the utility to discuss the schedule is the first step, not shifting load you are not being charged extra for.
  6. If the read is marked estimated, the next actual read can true the account up or down. The tariff rule for that true-up needs verification.

Full service at the 2025 average price

Monthly use Estimated bill
500 kWh $79.50
750 kWh $119.25
1,000 kWh $159.00
1,500 kWh $238.50
2,000 kWh $318.00

Usage times the average price. At very low use, a real bill is often higher because a fixed customer charge does not shrink. The tariff needs verification.

Open the estimator · Check two months of your own bill

Questions people ask

Why is my Xcel Energy Colorado electric bill so high?

In 2025, Xcel Energy Colorado reported 1,379,910 residential full service customers under the EIA name Public Service Co of Colorado. Average revenue was 15.90¢ per kWh. The average monthly bill in that filing was $92.91 for 584 kWh. 15.90¢ is about even with Colorado's 2025 statewide residential average of 15.69¢. In July 2026 the state residential price was 17.00¢, versus 15.99¢ a year earlier (+6.3%). The utility number is a 2025 annual average. The state number is one later month. They answer different questions. From 2024 to 2025, the average monthly bill for full service changed +2.9%. Average use changed −2.6% and average price changed +5.7%. Holding the 2024 price fixed, the usage change accounts for −$2.36 a month. The price change, applied to 2025 usage, accounts for $4.98.

What was Xcel Energy Colorado's average residential rate?

Using 2025 EIA-861 revenue and sales, the full service average was 15.90¢ per kWh. Average use was 584 kWh a month and the average bill was $92.91. This folds in whatever customer charges and riders the utility reported. It is not the marginal rate on your tariff.

Did Xcel Energy Colorado raise rates?

Colorado Public Utilities Commission Proceeding 25AL-0494E (decided): Colorado PUC approved about $157 million, or $5 a month. Separately, the EIA average price moved +5.7% from 2024 to 2025. The annual average and the docket are not the same document.

What bill assistance can Xcel Energy Colorado customers ask about?

Percentage of Income Payment Plan. The Colorado PUC's August 21, 2026 press release says the Public Service Company decision expands the Percentage of Income Payment Plan. Eligibility rules are in that proceeding, not restated as a dollar credit here. LIHEAP is still available (https://www.acf.hhs.gov/ocs/programs/liheap).

Are data centers why this bill went up?

Large computing load is raising U.S. electricity demand, and regulators can later recover new generation and wires costs from customers. EIA has not published a dollar line that isolates data centers on this utility's residential bill. That pass-through needs verification.

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