In 2013, LPC rates continue to be lower than the average electric rates of nearby utilities.* This year, LPC’s residential customers are paying 33% less than the average electric rate in Colorado. In addition, both our small and large commercial customers are paying 26% less and our industrial customers are paying 28% less than other Colorado utilities charge, on average.
2013 LPC rates also compare favorably to the average rates of neighboring utilities. Residential customers are paying 36% less than the average and small commercial customers are paying 18% less. LPC’s large commercial and industrial customers are paying 39% and 32% less respectively.
* Data is based on a Colorado Association of Municipal Utilities January 2013 survey
Residential 3-tiered rate
The Residential Energy rate structure provides savings to customers as they decrease their electric usage. Although our typipcal customer's entire usage often falls into the first tier, if a customer uses 1,750 kWh in a month, their bill looks like this:
750 kWh @ 7.13 ¢
750 kWh @ 7.81¢
250 kWh @ 8.78 ¢
Monthly service fee
Total electric bill
A Residential Demand rate is available to customers with higher levels of electric use. See information on our Residential Demand Rate for more details
Residential electric customers who use electricity as a primary or secondary source of heating, or whose annual energy use exceeds 15,000 kWh, are eligible for the Residential Demand rate. The rate includes three components:
An energy rate of 3.25 cents per kWh of electricity used each month
A demand rate of $8.35 per kW of maximum electric demand each month
A monthly $15.40 customer charge
A request for this rate must be made to LPC in writing. Customers who elect to receive this rate must remain on it for a minimum of 12 consecutive months.