Typical customer: Worth it

Black Hills Colorado Electric and solar

Black Hills Colorado Electric is an investor-owned utility serving about 97,888 homes in Colorado. Here's what its rates and export rules mean for solar: for a typical customer, solar is worth it.

Average price (2026 est.)
19.8¢19% above Colorado average
Typical bill
$100506 kWh a month
Exports credited
RetailFull retail net metering
Typical payback
10.8 yrs3.7 kW, cash

Export rules for Black Hills Colorado Electric customers

Full retail net metering (Colorado rule).

Colorado requires investor-owned utilities like Xcel Energy to credit solar exports at the full retail rate, with credits rolling over month to month indefinitely. Co-ops and large municipal utilities must also offer net metering, though their rules and size limits differ.

Colorado net metering details

Solar for a typical Black Hills Colorado Electric home

System3.7 kW (101% of 506 kWh/month)
Cost$12,935
First-year savings$1,153
Payback10.8 years
25-year net$22,794

Uses the utility's average price.

Solar adoption

Homes with solar (2025)
9,803
Share of customers
10.0%
Residential solar capacity
64 MW
Residential customers
97,888

EIA-861, 2025.

Questions about Black Hills Colorado Electric and solar

Does Black Hills Colorado Electric have net metering?

Black Hills Colorado Electric follows Colorado's rules: Colorado requires investor-owned utilities like Xcel Energy to credit solar exports at the full retail rate, with credits rolling over month to month indefinitely. Co-ops and large municipal utilities must also offer net metering, though their rules and size limits differ.

How much does electricity cost with Black Hills Colorado Electric?

Residential customers paid an average of 18.7¢ per kWh in 2025 (EIA), about 19.8¢ adjusted to 2026. The typical home uses 506 kWh a month, a bill of about $100.

Is solar worth it with Black Hills Colorado Electric?

For a typical customer, solar is worth it: a 3.7 kW system costing about $12,935 pays back in about 10.8 years, with $22,794 net over 25 years.

How many Black Hills Colorado Electric customers have solar?

About 9,803 homes had net-metered solar at the end of 2025, roughly 10.0% of residential customers (EIA-861).

Legal name: Black Hills Colorado Electric, LLC (EIA ID 56146). Data: EIA-861 2025 and monthly data through 2026, state policy research October 2026.