Another Unit Back Online at Drake, Utility Rate Decrease Proposed

Utility customers in Colorado Springs could soon see another rate decrease.

Springs Utilities says Unit 7 is back online and generating coal power again. As a result, Utilities is proposing an average rate decrease of $4.02 for residential customers.

The proposal will be brought before the city council Sept. 9. If passed, the decrease will go into effect Sept. 12.

Unit 6 went back online in June with a rate decrease taking effect in July.

Unit 7 is the largest of the three generators at the Drake plant. With it back up and running, the plant will function at 80% capacity.

The plant itself is still months away from being fully repaired. Springs Utilities told 11 News the final repairs aren't expected to be completed until next May. That's because the third and final generator that crews have to repair is the most heavily damaged.