Heating costs in Colorado
The cheapest way to heat a home in Colorado at today's average prices is natural gas ($11.69 per million BTU of heat), then heat pump ($19.26). A heat pump costs 64.8% more to run than a gas furnace.
Propane $2.37/gal Oct 26, 2026 · +12.6% y/y
Natural gas $10.91/Mcf winter 2025–26 avg. · Jul 2026: $17.56
Electricity 17.2¢/kWh August 2026 · +5.9% y/y
Cheapest way to heat a home in Colorado cost of the same amount of heat
Heat source Price used Per million BTU of heat Per winter
Natural gas cheapest $10.91/Mcf · winter 2025–26 avg.
$11.69 $584 Heat pump 16.4¢/kWh ÷ COP 2.5
$19.26 $963 Propane $2.37/gal · Oct 26, 2026
$28.80 $1,440 Electric resistance 16.4¢/kWh · winter 2025–26 avg.
$48.14 $2,407
How we compare: fuel price ÷ (energy content × efficiency). Assumptions — heating oil 138,500 BTU/gal at 85%, propane 91,500 BTU/gal at 90%, natural gas 1,037,000 BTU per Mcf at 90%, electric resistance 100%, heat pump seasonal COP 2.5 (lower in very cold weather). Gas and electricity use last winter's average price; oil and propane the latest weekly survey. Delivery fees, tank rental and fixed charges vary and are not included.
Propane in Colorado, winter by winter $2.0 $2.5 Oct Nov Dec Jan Feb Mar Oct 2, 2023: $2.15 per gallon Oct 9, 2023: $2.16 per gallon Oct 16, 2023: $2.17 per gallon Oct 23, 2023: $2.20 per gallon Oct 30, 2023: $2.19 per gallon Nov 6, 2023: $2.19 per gallon Nov 13, 2023: $2.19 per gallon Nov 20, 2023: $2.18 per gallon Nov 27, 2023: $2.18 per gallon Dec 4, 2023: $2.18 per gallon Dec 11, 2023: $2.20 per gallon Dec 18, 2023: $2.21 per gallon Dec 25, 2023: $2.22 per gallon Jan 1, 2024: $2.24 per gallon Jan 8, 2024: $2.24 per gallon Jan 15, 2024: $2.30 per gallon Jan 22, 2024: $2.31 per gallon Jan 29, 2024: $2.36 per gallon Feb 5, 2024: $2.38 per gallon Feb 12, 2024: $2.38 per gallon Feb 19, 2024: $2.38 per gallon Feb 26, 2024: $2.37 per gallon Mar 4, 2024: $2.35 per gallon Mar 11, 2024: $2.35 per gallon Mar 18, 2024: $2.35 per gallon Mar 25, 2024: $2.33 per gallon Apr 8, 2024: $2.31 per gallon Oct 7, 2024: $2.04 per gallon Oct 14, 2024: $2.06 per gallon Oct 21, 2024: $2.09 per gallon Oct 28, 2024: $2.10 per gallon Nov 4, 2024: $2.13 per gallon Nov 11, 2024: $2.13 per gallon Nov 18, 2024: $2.13 per gallon Nov 25, 2024: $2.15 per gallon Dec 2, 2024: $2.20 per gallon Dec 9, 2024: $2.22 per gallon Dec 16, 2024: $2.21 per gallon Dec 23, 2024: $2.22 per gallon Dec 30, 2024: $2.22 per gallon Jan 6, 2025: $2.27 per gallon Jan 13, 2025: $2.29 per gallon Jan 20, 2025: $2.36 per gallon Jan 27, 2025: $2.38 per gallon Feb 3, 2025: $2.39 per gallon Feb 10, 2025: $2.39 per gallon Feb 17, 2025: $2.40 per gallon Feb 24, 2025: $2.39 per gallon Mar 3, 2025: $2.40 per gallon Mar 10, 2025: $2.38 per gallon Mar 17, 2025: $2.37 per gallon Mar 24, 2025: $2.37 per gallon Mar 31, 2025: $2.37 per gallon Apr 14, 2025: $2.25 per gallon Oct 6, 2025: $2.08 per gallon Oct 13, 2025: $2.10 per gallon Oct 20, 2025: $2.11 per gallon Oct 27, 2025: $2.11 per gallon Nov 3, 2025: $2.10 per gallon Nov 10, 2025: $2.12 per gallon Nov 17, 2025: $2.12 per gallon Nov 24, 2025: $2.15 per gallon Dec 1, 2025: $2.17 per gallon Dec 8, 2025: $2.23 per gallon Dec 15, 2025: $2.26 per gallon Dec 22, 2025: $2.26 per gallon Dec 29, 2025: $2.26 per gallon Jan 5, 2026: $2.25 per gallon Jan 12, 2026: $2.26 per gallon Jan 19, 2026: $2.26 per gallon Jan 26, 2026: $2.28 per gallon Feb 2, 2026: $2.29 per gallon Feb 9, 2026: $2.30 per gallon Feb 16, 2026: $2.30 per gallon Feb 23, 2026: $2.29 per gallon Mar 2, 2026: $2.29 per gallon Mar 9, 2026: $2.29 per gallon Mar 16, 2026: $2.30 per gallon Mar 23, 2026: $2.30 per gallon Mar 30, 2026: $2.30 per gallon Oct 5, 2026: $2.26 per gallon Oct 12, 2026: $2.26 per gallon Oct 19, 2026: $2.36 per gallon Oct 26, 2026: $2.37 per gallon $2.0 $2.5 Oct Nov Dec Jan Feb Mar Oct 2, 2023: $2.15 per gallon Oct 9, 2023: $2.16 per gallon Oct 16, 2023: $2.17 per gallon Oct 23, 2023: $2.20 per gallon Oct 30, 2023: $2.19 per gallon Nov 6, 2023: $2.19 per gallon Nov 13, 2023: $2.19 per gallon Nov 20, 2023: $2.18 per gallon Nov 27, 2023: $2.18 per gallon Dec 4, 2023: $2.18 per gallon Dec 11, 2023: $2.20 per gallon Dec 18, 2023: $2.21 per gallon Dec 25, 2023: $2.22 per gallon Jan 1, 2024: $2.24 per gallon Jan 8, 2024: $2.24 per gallon Jan 15, 2024: $2.30 per gallon Jan 22, 2024: $2.31 per gallon Jan 29, 2024: $2.36 per gallon Feb 5, 2024: $2.38 per gallon Feb 12, 2024: $2.38 per gallon Feb 19, 2024: $2.38 per gallon Feb 26, 2024: $2.37 per gallon Mar 4, 2024: $2.35 per gallon Mar 11, 2024: $2.35 per gallon Mar 18, 2024: $2.35 per gallon Mar 25, 2024: $2.33 per gallon Apr 8, 2024: $2.31 per gallon Oct 7, 2024: $2.04 per gallon Oct 14, 2024: $2.06 per gallon Oct 21, 2024: $2.09 per gallon Oct 28, 2024: $2.10 per gallon Nov 4, 2024: $2.13 per gallon Nov 11, 2024: $2.13 per gallon Nov 18, 2024: $2.13 per gallon Nov 25, 2024: $2.15 per gallon Dec 2, 2024: $2.20 per gallon Dec 9, 2024: $2.22 per gallon Dec 16, 2024: $2.21 per gallon Dec 23, 2024: $2.22 per gallon Dec 30, 2024: $2.22 per gallon Jan 6, 2025: $2.27 per gallon Jan 13, 2025: $2.29 per gallon Jan 20, 2025: $2.36 per gallon Jan 27, 2025: $2.38 per gallon Feb 3, 2025: $2.39 per gallon Feb 10, 2025: $2.39 per gallon Feb 17, 2025: $2.40 per gallon Feb 24, 2025: $2.39 per gallon Mar 3, 2025: $2.40 per gallon Mar 10, 2025: $2.38 per gallon Mar 17, 2025: $2.37 per gallon Mar 24, 2025: $2.37 per gallon Mar 31, 2025: $2.37 per gallon Apr 14, 2025: $2.25 per gallon Oct 6, 2025: $2.08 per gallon Oct 13, 2025: $2.10 per gallon Oct 20, 2025: $2.11 per gallon Oct 27, 2025: $2.11 per gallon Nov 3, 2025: $2.10 per gallon Nov 10, 2025: $2.12 per gallon Nov 17, 2025: $2.12 per gallon Nov 24, 2025: $2.15 per gallon Dec 1, 2025: $2.17 per gallon Dec 8, 2025: $2.23 per gallon Dec 15, 2025: $2.26 per gallon Dec 22, 2025: $2.26 per gallon Dec 29, 2025: $2.26 per gallon Jan 5, 2026: $2.25 per gallon Jan 12, 2026: $2.26 per gallon Jan 19, 2026: $2.26 per gallon Jan 26, 2026: $2.28 per gallon Feb 2, 2026: $2.29 per gallon Feb 9, 2026: $2.30 per gallon Feb 16, 2026: $2.30 per gallon Feb 23, 2026: $2.29 per gallon Mar 2, 2026: $2.29 per gallon Mar 9, 2026: $2.29 per gallon Mar 16, 2026: $2.30 per gallon Mar 23, 2026: $2.30 per gallon Mar 30, 2026: $2.30 per gallon Oct 5, 2026: $2.26 per gallon Oct 12, 2026: $2.26 per gallon Oct 19, 2026: $2.36 per gallon Oct 26, 2026: $2.37 per gallon Weekly survey, Oct–Mar · hover a point for the exact price U.S. average: $2.73/gal. Source: EIA State Heating Oil and Propane Program (residential, weekly).
Natural gas price in Colorado $8 $11 $14 $17 2024 2025 2026 August 2023: $15.53 per thousand cubic feet September 2023: $14.69 per thousand cubic feet October 2023: $12.00 per thousand cubic feet November 2023: $10.51 per thousand cubic feet December 2023: $9.93 per thousand cubic feet January 2024: $9.48 per thousand cubic feet February 2024: $9.80 per thousand cubic feet March 2024: $10.07 per thousand cubic feet April 2024: $10.42 per thousand cubic feet May 2024: $11.35 per thousand cubic feet June 2024: $15.22 per thousand cubic feet July 2024: $15.79 per thousand cubic feet August 2024: $16.50 per thousand cubic feet September 2024: $15.30 per thousand cubic feet October 2024: $12.29 per thousand cubic feet November 2024: $10.06 per thousand cubic feet December 2024: $9.87 per thousand cubic feet January 2025: $10.02 per thousand cubic feet February 2025: $9.75 per thousand cubic feet March 2025: $10.31 per thousand cubic feet April 2025: $11.67 per thousand cubic feet May 2025: $13.02 per thousand cubic feet June 2025: $16.23 per thousand cubic feet July 2025: $17.22 per thousand cubic feet August 2025: $17.41 per thousand cubic feet September 2025: $16.02 per thousand cubic feet October 2025: $12.28 per thousand cubic feet November 2025: $10.92 per thousand cubic feet December 2025: $10.41 per thousand cubic feet January 2026: $10.57 per thousand cubic feet February 2026: $10.99 per thousand cubic feet March 2026: $11.64 per thousand cubic feet April 2026: $11.03 per thousand cubic feet May 2026: $11.92 per thousand cubic feet June 2026: $15.05 per thousand cubic feet July 2026: $17.56 per thousand cubic feet $8 $11 $14 $17 2024 2025 2026 August 2023: $15.53 per thousand cubic feet September 2023: $14.69 per thousand cubic feet October 2023: $12.00 per thousand cubic feet November 2023: $10.51 per thousand cubic feet December 2023: $9.93 per thousand cubic feet January 2024: $9.48 per thousand cubic feet February 2024: $9.80 per thousand cubic feet March 2024: $10.07 per thousand cubic feet April 2024: $10.42 per thousand cubic feet May 2024: $11.35 per thousand cubic feet June 2024: $15.22 per thousand cubic feet July 2024: $15.79 per thousand cubic feet August 2024: $16.50 per thousand cubic feet September 2024: $15.30 per thousand cubic feet October 2024: $12.29 per thousand cubic feet November 2024: $10.06 per thousand cubic feet December 2024: $9.87 per thousand cubic feet January 2025: $10.02 per thousand cubic feet February 2025: $9.75 per thousand cubic feet March 2025: $10.31 per thousand cubic feet April 2025: $11.67 per thousand cubic feet May 2025: $13.02 per thousand cubic feet June 2025: $16.23 per thousand cubic feet July 2025: $17.22 per thousand cubic feet August 2025: $17.41 per thousand cubic feet September 2025: $16.02 per thousand cubic feet October 2025: $12.28 per thousand cubic feet November 2025: $10.92 per thousand cubic feet December 2025: $10.41 per thousand cubic feet January 2026: $10.57 per thousand cubic feet February 2026: $10.99 per thousand cubic feet March 2026: $11.64 per thousand cubic feet April 2026: $11.03 per thousand cubic feet May 2026: $11.92 per thousand cubic feet June 2026: $15.05 per thousand cubic feet July 2026: $17.56 per thousand cubic feet Monthly · summer prices per Mcf run higher because fixed charges are spread over less gas Average price paid by homes, including delivery charges. Source: EIA Natural Gas Monthly.
Questions How much is propane in Colorado? $2.37 per gallon for homes in the EIA survey of Oct 26, 2026 (+12.6% vs. a year earlier).
Is a heat pump cheaper than gas in Colorado? Not at average prices: a heat pump (seasonal COP 2.5) costs $19.26 per million BTU of heat, 64.8% more than a 90% gas furnace at $11.69. A higher-efficiency heat pump or a lower electricity rate can change this.
What is the cheapest way to heat a home in Colorado? At current average prices: natural gas $11.69, heat pump $19.26, propane $28.80, electric resistance $48.14 per million BTU of delivered heat (cheapest first).