Colorado Springs Utilities one step closer to lowering natural gas rates

COLORADO SPRINGS, Colo. (KKTV) -Regardless of a rise in the price of pure fuel nationwide, Colorado Springs Utilities is making an allowance for decreasing their pure fuel charges for purchasers. Board members for the utility group met Wednesday to debate decreasing charges.

On common, clients might save about $15 a month based mostly on a pattern invoice. That is following two fee will increase in 2021.

Colorado Springs Utilities (CSU) says the explanation for this doable lower is as a result of the corporate has recovered all its prices from the February 2021 winter storm, It’s possible you’ll bear in mind your invoice growing, so the corporate might offset prices. That improve is about to sundown this month. Due to this, the corporate is proposing that fee lower.

Utilities say the decreased fee was speculated to be increased, however has been lowered as a result of elevated costs within the pure fuel market. Nonetheless, they are saying it might nonetheless assist save individuals cash.

“Pure fuel payments shall be taking place seasonably and the decrease fee will simply assist their payments go down even additional,” stated Scott Shirola, Pricing and Charges Supervisor for Colorado Springs Utilities.

The speed lower for pure fuel now must be permitted by town council on April 26. If handed, it can go into impact Might 1. For more information on the speed proposal click on right here.

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