WattBuy’s Guide to

Electricity in
Lakewood

Colorado

Header Graphic

The State of Electricity in Lakewood

Here's the average monthly bill, usage, and carbon footprint of residents in Lakewood

Average monthly bill

January

$264highest

February

$108

March

$110

April

$104

May

$123

June

$120

July

$129

August

$129

September

$118

October

$123

November

$107

December

$73lowest

Carbon Emissions

776 lbs CO₂

Monthly Usage

820 kWh

Where does Lakewood’s electricity come from?

Lakewood's energy comes from Wind, Natural Gas, Coal, Solar, and Hydroelectric. Wind is the largest source of electricity, providing 31% of Lakewood's energy. Natural Gas is the second largest source, making up 30%. Coal provides 27% of the energy in Lakewood. Solar provides 9% of the energy in Lakewood. Hydroelectric provides 3% of the energy in Lakewood.

31%

Wind

30%

Natural Gas

27%

Coal

9%

Solar

3%

Hydroelectric

Solar energy in Lakewood

The state of solar in Lakewood

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

Learn More about solar
Net Metering Available

Get paid for the extra solar you produce

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.

Utilities in Lakewood

Xcel Energy - Colorado

Xcel Energy - Colorado Rates

Xcel Energy - Colorado has several different electricity rates for residential customers, as shown in the table below.

Rate NameRate TypeCost Per kWh
Residential DemandFixed5¢ to 2467¢
Residential ServiceFixed14¢ to 15¢
Residential General Service Opt-Out Fixed13¢ to 16¢
Residential Energy Time Of UseTOU12¢ to 33¢

Learn About Electricity in Other Cities in Colorado

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