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
$441highestFebruary
$273March
$194April
$168May
$158June
$149lowestJuly
$167August
$161September
$154October
$164November
$213December
$246Carbon Emissions
1,007 lbs CO₂
Monthly Usage
1,258 kWh
Lakewood's energy comes from Natural Gas, Wind, Coal, Solar, and Hydroelectric. Natural Gas is the largest source of electricity, providing 36% of Lakewood's energy. Wind is the second largest source, making up 33%. Coal provides 16% of the energy in Lakewood. Solar provides 11% of the energy in Lakewood. Hydroelectric provides 5% of the energy in Lakewood.
36%
Natural Gas
33%
Wind
16%
Coal
11%
Solar
5%
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 Demand Service | Fixed | 6¢ to 2791¢ |
| Residential Energy Time Of Use | TOU | 12¢ to 38¢ |
| Residential General Opt-Out | Fixed | 15¢ to 18¢ |
| Residential General Service | Fixed | 16¢ to 17¢ |
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