Tag: utility rates
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‘Status quo is not an option’: Monument braces for multi-year water rate increases
A study is recommending significant increases to the rates residents would pay for water in the town of Monument. Kevin Burnett, a consultant with Willdan Financial Services, told town councilmembers on Monday that Monument’s water enterprise was operating on a spending deficit that would deplete its reserve by 2029. “The status quo is not an…
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‘Status quo is not an option’: Monument braces for multi-year water rate increases
A study is recommending significant increases to the rates residents would pay for water in the town of Monument. Kevin Burnett, a consultant with Willdan Financial Services, told town councilmembers last week that Monument’s water enterprise was operating on a spending deficit that would deplete its reserve by 2029. “The status quo is not an…
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LETTERS: Utility rates; drone defense innovation
Utility’s new peak rates To piggyback on the recent letter from H. Wayne Hall (Gazette 3/24) regarding the price gouging of Colorado Springs Utilities’ new peak rates, I couldn’t agree more. I just don’t understand why CSU even needs a peak rate during the winter months, when cumulative ratepayer demand is significantly lower than in…
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Lower Colorado Springs Utilities rates for electricity, gas to take effect next month
Colorado Springs Utilities is making a cost adjustment to lower rates for electricity and natural gas beginning April 1. The Colorado Springs City Council gave the final approval to the two rate adjustments Tuesday morning. Utilities estimated that the rate reductions would save the average family approximately $9.70 per month, which is roughly 3 percent.…
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Rollout for new Colorado Springs Utilities time-of-day power rates begins in October
Facebook Twitter WhatsApp SMS Email Print Copy article link Save Facebook Twitter WhatsApp SMS Email Print Copy article link Save Colorado Springs Utilities will begin transitioning customers to a new electricity rate system in October, with bills based on what time of the day customers run their power. The Energy Wise Rates are a time-of-use…
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Colorado Springs City Council approves gas rate decrease
Colorado Springs Utilities customers will pay lower rates for natural gas beginning Jan. 15, after the City Council approved a rate decrease Tuesday. The council voted unanimously to approve the third gas rate decrease in a year, thanks to lower-than-expected costs for natural gas driven by increased supply and lower demand. The average residential bill is…
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Colorado Springs Utilities proposes gas rate decreases
Colorado Springs Utilities customers may pay less for natural gas beginning later this month. During a City Council work session on Monday, Colorado Springs Utilities staff proposed the third gas rate decrease since last January. The proposal comes before the council because of lower-than-expected costs for natural gas, driven by increased supply and lower demand,…