Utilities First Source: Electric and gas rate decrease

November 2017

Changes to on-peak periods: October - March: 4 p.m. to 10 p.m. Monday through Friday

April - September: 11 a.m. to 6 p.m. Monday through Friday

Off-peak periods: all other hours plus legally-observed holidays

Utilities Board approves electric and gas rate decrease

As a non-profit, community-owned utility, we pass changes in fuel cost--up or down--directly onto our customers. At its Oct. 24 meeting, City Council voted to approve decreases to electric (ECA) and natural gas (GCA) cost rates, as well as electric and natural gas capacity char ges, effective today. The net decreases to the typical monthly bills are:

Commercial: $48.69 (3.3 percent)
Industrial: $1,356.80 (3.1 percent)

You can determine the impact to your business using our bill calculator.

Drake Power Plant update: Planning the path forward

As part of our planning efforts to decommission the Martin Drake Power Plant, we are evaluating a number of scenarios for replacement generation, including:

1. Replacement generation inside our service territory (at Drake or at Birdsall).

2. Replacement generation outside our service territory.

3. A combination of generation inside and outside our service territory.

Each scenario has a range of items being considered and comes with its advantages, such as potential site redevelopment and greater flexibility to grow with our future demands all while ensuring the reliable service expected of us. Check out the renderings of what the future of the Drake location may look like.

In the coming months, the Utilities Board will take this information, along with customer input and research, to determine if an earlier decommissioning date for the plant is the path forward.

Colorado Springs Fire Department is Changing the Current

Colorado Springs is filled with people who make our community a better place to live: people working together to Change the Current. The newest video in our Change the Current campaign features the Colorado Springs Fire Department, our partner in creating a bright future, glowing with efficiency and creative ingenuity.

You can Change the Current too. Even small changes can make a big difference. Join the movement by taking the pledge to receive free LEDs and a chance to win $500 to a home improvement store at changethecurrent.com.

Natural gas rate options

As heating season approaches, it is the perfect time to review natural gas service options available. We offer a number of gas service rate options to meet your business needs, including seasonal, index rate and interruptible service.

For additional information, visit csu.org, call your account manager or the Business Services Group at 719-448-4808.