COLORADO SPRINGS, CO — Colorado Springs utility customers will see an increase on their utility bills. Colorado Springs City Councilmembers approved a base rate increase Tuesday.
Previous Coverage
Tuesday, a final vote will take place on the proposed Colorado Springs Utilities base rate increase.
If passed, it means your monthly bill at home in 2029 will be $80 more per month than it is today.
Take a look at this chart. The rate increase goes up each year over the next five years. In 2025, the increase is $14 per month. The next year, the increase is $15 per month and those increases continue.
CSU has laid out to the city council that it needs to add about $3.9 billion dollars in infrastructure over the next 5 years. That way they can reduce greenhouse gas emissions which is required by the state.
I wanted to know your reaction. So, we stopped by a coffee shop. People I talked with tell me they are not thrilled about the increase saying it might be too much for some. Karen Debner says "On the surface, I think it doesn’t sound like a lot but to put it in perspective someone who’s on a fixed income or someone who right now doesn’t have an income struggling anyway $14 can be a lot."
This is the second and final vote on the base rate increase. If approved, the rate increase will take effect on January 1st, 2025.
Historic Colorado mining town gets grant to revive blighted buildings
Victor, Colorado's last gold mining town, receives $50,000 grant to restore historic buildings as the community works to revitalize while addressing housing affordability challenges.
