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.
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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.
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