Electricity Prices in Denver by Year, 2018–2024
A kilowatt-hour of electricity in the Denver area cost $0.120 in January 2018 and $0.158 in May 2024, up 32%. Overall U.S. prices rose 35% in that time, so adjusted for inflation it's 3% cheaper.
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Denver U.S. average
Electricity price history in Denver
Denver area, per kilowatt-hour. "In today's dollars" adjusts each price for inflation with the national CPI, up to Aug 2026.
| Year | Denver | In today's dollars | U.S. average |
|---|---|---|---|
| May 2024 | $0.158 | $0.16 | $0.196 Aug 2026 |
| Jan 2024 | $0.156 | $0.17 | $0.173 |
| Jan 2023 | $0.153 | $0.17 | $0.168 |
| Jan 2021 | $0.137 | $0.18 | $0.136 |
| Jan 2020 | $0.137 | $0.18 | $0.134 |
| Jan 2019 | $0.112 | $0.15 | $0.135 |
| Jan 2018 | $0.120 | $0.16 | $0.135 |
Source
U.S. Bureau of Labor Statistics, Average Price Data, series APUS48B72610 (via FRED). Prices are January averages for urban areas; the newest row is the latest month published. Inflation adjustment: BLS CPI-U, all items (FRED CPIAUCNS).
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