Tag: electricity rates
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High temperatures, Energy Wise drive costs for Colorado Springs Utilities’ power to new heights
July saw Colorado Springs Utilities reach new heights for how much the city’s customers paid for water and electricity. The municipal utility received $31.9 million in revenue from residential electric power last month, according to data provided to The Gazette. July was the only month in the last four years when Utilities customers collectively paid…
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Colorado Springs Utilities proposal for solar customers includes choice of two ways to increase rates
Colorado Springs Utilities would give solar net metering customers two options to choose from as the utility looks to increase rates for residents who have a home solar panel. The net metering program, which more than 11,000 homes in the city participate in, allows residents with solar panels to connect them to the city’s grid.…
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Colorado Springs Utilities enters first summer with higher Energy Wise rates
Many homes have only had a few months to get accustomed to Colorado Springs Utilities’ new Energy Wise rates. Beginning Monday, they will have to adapt to a temporary increase in the rates. From the beginning of June until Sept. 30, rates during the peak hours for power use in Colorado Springs will be nearly…
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Colorado Springs Utilities starts new rates for incoming customers
Beginning today, Colorado Springs Utilities will be charging new customers the Energy Wise Rates which vary electricity prices at different times of weekdays. The Energy Wise Rates charge a premium price for any electricity used between 5 p.m. and 9 p.m. weekdays. The higher peak is balanced out with lower power rates for holidays and…