Colorado Springs City Council has made it official: Springs Utilities customers will see a rate hike because of the Drake Power Plant fire.
Rates have stayed the same in the weeks since the May 5 fire, but Springs Utilities says that money is needed to pay for the replacement power the company has been forced to purchase. The company has had to use other power plants and buy replacement power from outside sources, a cost estimated at $3 million a month.
City Council voted in favor of the rate adjustment Tuesday. That means the average family can expect to see a 7.4 percent, or $5.34 a month increase. Business customers will have their rates go up 10 or 11 percent. The new rates will start June 1.
KKTV firmly believes in freedom of speech for all and we are happy to provide this forum for the community to share opinions and facts. We ask that commenters keep it clean, keep it truthful, stay on topic and be responsible. Comments left here do not necessarily represent the viewpoint of KKTV 11 News.
If you believe that any of the comments on our site are inappropriate or offensive, please tell us by clicking “Report Abuse” and answering the questions that follow. We will review any reported comments promptly.powered by Disqus
Viewers with disabilities can get assistance accessing this station's FCC Public Inspection File by contacting the station with the information listed below. Questions or concerns relating to the accessibility of the FCC's online public file system should be directed to the FCC at 888-225-5322, 888-835-5322 (TTY), or email@example.com.