Tesla Inc. electricity rates
Tesla Inc. charges an average of 11.64 cents per kilowatt-hour to residential customers, and the average household on its system paid $58 a month using 494 kilowatt-hours, according to its 2024 filing with the U.S. Energy Information Administration.
Behind the Meter PSCO Colorado
Where Tesla Inc. sits
It is a smaller system, serving 12,893 residential customers, which means its fixed costs are spread across a narrow base. At 11.64¢ per kilowatt-hour it is one of the cheaper places to buy electricity in Colorado, 28% under the statewide average of 16.16¢.
Its customers use very little electricity by national standards, 494 kilowatt-hours a month against 871 nationally. Dense housing, a mild climate or heating that runs on gas rather than electricity all push consumption down, and any of them can leave a household with a modest bill despite a high rate.
That matters because a bill is not only the cost of generating electricity: it also carries the cost of the network, and who owns that network changes how it is paid for.
| Rate | Monthly bill | Monthly kWh | |
|---|---|---|---|
| Tesla Inc. | 11.64¢ | $58 | 494 |
| Colorado average | 16.16¢ | $109 | 664 |
| United States average | 18.44¢ | $155 | 871 |
Utility figures: U.S. Energy Information Administration, Form EIA-861 annual electric power industry report, 2024. State and national figures: Electric Power Monthly, May 2026. Methodology
Other Colorado utilities
| Utility | Rate | Bill | Customers |
|---|---|---|---|
| Public Service Co of Colorado | 15.05¢ | $90 | 1.4 million |
| City of Colorado Springs | 14.45¢ | $90 | 216,771 |
| Empire Electric Assn, Inc | 15.31¢ | $108 | 12,899 |
| San Miguel Power Assn, Inc | 16.32¢ | $132 | 12,154 |
| San Luis Valley R E C, Inc | 18.38¢ | $119 | 9,115 |
Tesla Inc. rates: common questions
How much does Tesla Inc. charge per kilowatt-hour?
An average of 11.64 cents per kilowatt-hour across its residential customers in 2024. That is -28.0% against the Colorado average of 16.16¢ and -36.9% against the national average of 18.44¢. It is an all-in average across every residential rate schedule the utility offers, not a specific tariff.
What is the average Tesla Inc. bill?
$58 a month, based on total residential revenue divided by residential customers over the 2024 survey year, at an average of 494 kWh a month. The national average bill is $155 at 871 kWh.
Who owns Tesla Inc.?
It is classified by the EIA as a behind the meter.
Is Tesla Inc. expensive compared with other Colorado utilities?
It ranks #31 of the 34 Colorado utilities covered here, counting from the most expensive. Nationally it ranks #1100 of 1369.