Black Hills Colorado Electric, LLC Electricity Rate per kWh (2024 EIA Data)
Investor Owned|EIA utility 56146|Colorado|Bundled
In 2024, Black Hills Colorado Electric, LLC's residential customers paid an average of 17.05 cents per kWh: $104 million of revenue over 611,784 MWh of sales across 89,252 bundled residential customers, as reported to EIA on Form 861.
How the 17.05c figure is calculated
17.05c/kWh = $104,284k revenue / 611,784 MWh x 100. This is EIA's average realised price for 2024: everything Black Hills Colorado Electric, LLC billed its residential customers (energy, delivery, fuel and rider charges, fixed charges) divided by the kilowatt-hours it sold. It is not a tariff rate, and a 2024 annual average will differ from a current bill. For a 1,000 kWh month at this average, the energy cost works out to about $171 before taxes.
About Black Hills Colorado Electric, LLC's 2024 electricity prices
Black Hills Colorado Electric, LLC is an investor-owned electric utility that reports to the U.S. Energy Information Administration under utility number 56146. In 2024 it served 89,252 bundled residential customers in Colorado, and its average realised residential price was 17.05 cents per kWh: $104 million of residential revenue divided by 611,784 MWh of residential sales.
Across the other sectors, Black Hills Colorado Electric, LLC's 2024 average prices were 12.05 cents for commercial customers (12,411 accounts) and 9.89 cents for industrial customers (55 accounts). Industrial customers paid 7.16 cents less per kWh than households, a 42% discount that is typical of high-volume, high-voltage service.
Within Colorado, Black Hills Colorado Electric, LLC ranked number 5 of 34 utilities with bundled or delivery service by residential accounts served (89,252) and accounted for 2.96% of the state's residential electricity sales in 2024, measured in MWh sold or delivered rather than in customers. The state-wide average realised residential price in 2024, computed from the same EIA file, was 14.92 cents per kWh, so Black Hills Colorado Electric, LLC's customers paid 2.13 cents above the Colorado average (+14.3%). For context, EIA's latest monthly figure for Colorado is 17.13 cents per kWh (June 2026, Electric Power Monthly); that is a different, more recent measure across all utilities and is not directly comparable with a 2024 annual average.
EIA's service-territory file places Black Hills Colorado Electric, LLC in 7 Colorado counties: Crowley, Custer, El Paso, Fremont, Otero, Pueblo, and Teller. On the grid side it operates in the WECC NERC region, and reported generation, transmission, buying transmission, distribution, and wholesale marketing as its activities. Balancing authority code: PSCO.
EIA's preliminary 2025 early release (published 4 August 2026) shows a residential price of 18.71 cents per kWh for Black Hills Colorado Electric, LLC in Colorado across 97,888 residential customers, 1.66 cents higher than the 2024 final figure. Early-release data has not been validated by EIA and must not be aggregated; the 2024 final figures remain the reference on this page until the 2025 final file is published.
The nearest other utilities in Colorado by service-territory centroid are City of Fountain (32 miles away, 13.74 cents), City of Colorado Springs (CO) (34.9 miles away, 14.45 cents), San Isabel Electric Assn, Inc (37.4 miles away, 17.78 cents), Mountain View Elec Assn, Inc (56 miles away, 15.52 cents), and CORE Electric Cooperative (63 miles away, 15.04 cents).
| Sector | Customers | Sales (MWh) | Revenue ($k) | Avg c/kWh |
|---|---|---|---|---|
| Residential | 89,252 | 611,784 | 104,284 | 17.05 |
| Commercial | 12,411 | 857,046 | 103,298 | 12.05 |
| Industrial | 55 | 351,971 | 34,814 | 9.89 |
Counties served in Colorado (7)
From the EIA-861 Service Territory file; a listed county can be served in part only.
2025 early release (preliminary, not validated by EIA)
Residential price in Colorado: 18.71c/kWh (+1.66c vs 2024 final), 97,888 residential customers; commercial 13.40c; industrial 11.01c. Published 4 August 2026. EIA marks this file "not fully edited, use with caution"; the 2024 final figures above remain the reference.
Nearby and comparable utilities in Colorado
- EIA utility number
- 56146
- Ownership type
- Investor Owned
- Data year
- 2024 final (EIA-861)
- Primary state
- Colorado
- Service type
- Bundled (Part A)
- Bundled residential customers (CO, price basis)
- 89,252
- Residential accounts served (CO)
- 89,252
- All accounts, all sectors (CO)
- 101,718
- Residential price, 2024
- 17.05 c/kWh
- Commercial price, 2024
- 12.05 c/kWh
- Industrial price, 2024
- 9.89 c/kWh
- Residential sales
- 611,784 MWh
- Residential revenue
- $104 million
- Rank in Colorado by residential accounts served
- 5 of 34
- Share of Colorado residential sales (MWh, not customers)
- 2.96%
- Colorado average, 2024
- 14.92 c/kWh
- Counties served (CO)
- 7
- NERC region
- WECC
- Balancing authority
- PSCO
- Reported activities
- Generation, Transmission, Buying Transmission, Distribution, Wholesale Marketing
- 2025 early release (preliminary)
- 18.71 c/kWh
- Change vs 2024 final
- +1.66 c/kWh
- Registry status
- Reported on Form EIA-861 for 2024
Realised price times usage; fixed charges are already inside the average. Bill calculator ->
Annual averages hide seasonal and tariff differences. Diagnose a high bill or model time-of-use pricing.
Bill Diagnostic ->Time-of-Use Guide ->Source: U.S. Energy Information Administration, Form EIA-861 Annual, 2024 final data (public domain), retrieved 28 August 2026; prices are average realised revenue per kWh, not tariffs. Final 2024 file f8612024.zip (released 3 December 2025) from the EIA-861 detailed data files. Preliminary 2025 figures come from the early-release file f8612025er.zip (4 August 2026), which EIA has not yet validated; they are labelled as such wherever shown and never mixed into a final figure.
Method: cents per kWh = revenue (thousand dollars) divided by sales (megawatthours), times 100. Customer counts, sales and revenue are the utility's own annual survey responses by state and sector. Bundled = energy plus delivery from one utility; delivery-only = the wires charge for customers who buy energy from a competitive supplier; energy-only = a competitive supplier's energy charge without delivery. County lists come from the EIA-861 Service Territory file; territory centroids used for "nearby utilities" are unweighted means of Census 2023 county centroids. EIA content is in the public domain (EIA copyright and reuse statement); the EIA logo is not used. Corrections: [email protected].