WattBuy’s Guide toElectricity in
Electricity in
Lakewood
Colorado
Colorado
Here's the average monthly bill, usage, and carbon footprint of residents in Lakewood
January
$403highestFebruary
$249March
$203April
$153May
$145June
$143July
$152August
$151September
$140lowestOctober
$152November
$195December
$225Carbon Emissions
1,258 lbs CO₂
Monthly Usage
1,280 kWh
Lakewood's energy comes from Coal, Natural Gas, Wind, Solar, and Hydroelectric. Coal is the largest source of electricity, providing 31% of Lakewood's energy. Natural Gas is the second largest source, making up 29%. Wind provides 28% of the energy in Lakewood. Solar provides 8% of the energy in Lakewood. Hydroelectric provides 3% of the energy in Lakewood.
31%
Coal
29%
Natural Gas
28%
Wind
8%
Solar
3%
Hydroelectric
Solar power is on the rise, helping homeowners save on their electricity bills and power their homes sustainably.
1,004 kWh
Energy generated by average sized system
$12,318
Average system cost
(after federal incentive)
9 years
Payback period
Net metering policies in Lakewood 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.
Xcel Energy - Colorado has several different electricity rates for residential customers, as shown in the table below.
| Rate Name | Rate Type | Cost Per kWh |
| Residential General Service Opt-Out | Fixed | 13¢ to 16¢ |
| Residential Energy Time Of Use | TOU | 12¢ to 33¢ |
| Residential Demand | Fixed | 5¢ to 2467¢ |
| Residential Service | Fixed | 14¢ to 15¢ |
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