Colorado Springs Utilities to begin ‘time-of-day rate’ as standard rate

COLORADO SPRINGS, Colo. (KKTV) – Beginning this fall, Colorado Springs residents will see some changes in their utilities bill. Customers will pay different rates for electricity based on the time of day they see the most demand.

Those on-peak hours will be 5 p.m. to 9 p.m. Monday through Friday, which means any time outside of that window, you’ll be paying less in electricity.

Utilities told 11 News the peak rates will be a little more than the current standard rate, but the off-peak rates will be lower than what the current standard rate is.

They also said this change will hopefully postpone the need to build any additional electric generation to meet the demand they’re facing.

And while this may seem like your bill will increase, there are ways you can control when you’re using the most electricity to actually save more with these new rates.

“If you can just shift some of your usage out of that 5-9 window, maybe postponing when you wash your dishes, hitting the delay button on that, or moving when you’re doing laundry, you can have even more savings,” Alex Trefry with utilities said.

These new ratees will start to roll out on October 1, and utilities hopes to have everyone on the new plan by early 2026. Utilities said they’ll notify customers 60 days before the changes.

Copyright 2025 KKTV. All rights reserved.