U.S. residential electricity EIA data: July 2026 US average 18.3¢/kWh Updated

Outdoor & Garage · Colorado

How Much Does It Cost to Run a EV Charger in Colorado?

The short answer

Running a 7,200W Level 2 EV charger in Colorado costs about $1.22 an hour. At 2 hours a day, that’s roughly $74.47 a month and $894 a year.

That’s based on Colorado’s average residential rate of 17.0¢/kWh (EIA, July 2026), 7% below the US average.

Source: U.S. EIA, July 2026 data · Updated

EV Charger cost by daily use in Colorado

Cost at 17.0¢/kWh, the Colorado average (EIA, Jul 2026)
Daily usekWh/monthPer dayPer monthPer year
1 hour/day 219.0 $1.22 $37.23 $447
2 hours/day 438.0 $2.45 $74.47 $894
4 hours/day 876.1 $4.90 $149 $1,787
8 hours/day 1,752.2 $9.79 $298 $3,574
12 hours/day 2,628.3 $14.69 $447 $5,361
24 hours/day 5,256.6 $29.38 $894 $10,722

Colorado vs other states

At typical use, a Level 2 EV charger costs $894 a year in Colorado — $1,629 less than in Hawaii and $225 more than in Louisiana.

Colorado has the 22nd-most-expensive residential electricity of the 50 states and DC. Colorado price per kWh · all states ranked

Electricity price trend in Colorado

17.0¢/kWh in July 2026 — ▲ +6.3% from a year earlier.

How to lower the cost of running a Level 2 EV charger

Level 2 chargers run on a 240V circuit and typically deliver 7.2 kW on a 40-amp circuit, or up to 11.5 kW on a 60-amp circuit. Your car decides how fast it accepts power. Two hours a day at 7.2 kW is about 14 kWh, enough for roughly 40–50 miles for most EVs. Charging overnight on a time-of-use plan can lower the cost considerably compared with the average rate shown here.

  • Ask your utility about EV or time-of-use rates and schedule charging overnight.
  • Charge to 80% for daily driving — it's faster and better for the battery.
  • Precondition the car while plugged in during cold weather.

Questions

Frequently asked questions

How much does it cost to run a Level 2 EV charger for 24 hours in Colorado?

Running a 7,200W Level 2 EV charger for 24 hours uses about 173 kWh, which costs about $29.38 at Colorado’s average rate of 17.0¢/kWh.

How many kWh does a Level 2 EV charger use per month?

At 2 hours a day, a typical Level 2 EV charger uses about 438 kWh a month. In Colorado that costs $74.47.

Is it expensive to run a Level 2 EV charger in Colorado?

Colorado has the 22nd-most-expensive residential electricity of the 50 states and DC at 17.0¢/kWh — close to the middle of the pack. Running a Level 2 EV charger here costs about $894 a year at typical use, compared with $962 at the national average rate.

What is the electricity rate in Colorado right now?

The average residential electricity rate in Colorado was 17.0¢ per kWh in July 2026, according to the latest EIA data — up 6.3% from a year earlier.

How much does it cost to charge an EV at home?

Multiply the kWh you add by your electricity rate. Adding 14 kWh (about 40–50 miles) costs 14 × your rate — for example, about $2.45 at 17.5¢/kWh.

Sources & method