WattBuy’s Guide toElectricity in
Electricity in
Palmer Lake
Colorado
Colorado
Here's the average monthly bill, usage, and carbon footprint of residents in Palmer Lake
January
$423highestFebruary
$256March
$194April
$142May
$143June
$137lowestJuly
$141August
$145September
$138October
$150November
$216December
$264Carbon Emissions
1,268 lbs CO₂
Monthly Usage
1,290 kWh
Palmer Lake's energy comes from Wind, Coal, Natural Gas, Solar, and Hydroelectric. Wind is the largest source of electricity, providing 32% of Palmer Lake's energy. Coal is the second largest source, making up 25%. Natural Gas provides 25% of the energy in Palmer Lake. Solar provides 14% of the energy in Palmer Lake. Hydroelectric provides 4% of the energy in Palmer Lake.
32%
Wind
25%
Coal
25%
Natural Gas
14%
Solar
4%
Hydroelectric
Solar power is on the rise, helping homeowners save on their electricity bills and power their homes sustainably.
1,313 kWh
Energy generated by average sized system
$9,513
Average system cost
(after federal incentive)
9 years
Payback period
Net metering policies in Palmer Lake can help solar panel owners save money and reduce their carbon footprint. When your solar panels generate more electricity than you use, you can send the excess back to the grid and receive credit on your next bill. Just something to keep in mind when considering solar panels.
CORE Electric Cooperative has several different electricity rates for residential customers, as shown in the table below.
| Rate Name | Rate Type | Cost Per kWh |
| Residential Service | TOU | 11¢ to 300¢ |
| OPTIONAL RESIDENTIAL SERVICE DEMAND METERED | Fixed | 8¢ to 1280¢ |
| OPTIONAL RESIDENTIAL SERVICE - TIME-OF-USE ENERGY | TOU | 8¢ to 263¢ |
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