Title
Consideration of a Resolution Setting Certain Electric Rates within the Service Area of Colorado Springs Utilities and Regarding Certain Changes to the Electric Rate Schedules
Presenter:
Travas Deal, Chief Executive Officer, Colorado Springs Utilities
Chris Bidlack, City Attorney’s Office - Utilities Division
Body
Summary:
The City Attorney’s Office - Utilities Division will present a Decision and Order and Resolution for the 2025 Electric Rate Case based upon the October 22, 2024, public hearing held for Colorado Springs Utilities’ 2025 Rate Case filed on September 10, 2024.
Background:
On September 10, 2024, Colorado Springs Utilities submitted a 2025 Rate Case filing that included certain proposed changes to the Electric Rate Schedules effective January 1, 2025, October 1, 2025, January 1, 2026, January 1, 2027, January 1, 2028, and January 1, 2029. In accordance with Colorado Springs City Code § 12.1.108, City Council held a public hearing on October 22, 2024, regarding Colorado Springs Utilities’ 2025 Electric Rate Case.
The Decision and Order summarizes Colorado Springs Utilities’ 2025 Electric Rate Case and the record of the public hearing held on October 22, 2024. The Decision and Order also contains City Council’s initial directions at that public hearing regarding the 2025 Electric Rate Case. The final Decision and Order and final Resolution presented for approval by City Council at the November 12, 2024.
Previous Council Action:
City Council held a public hearing on October 22, 2024, regarding Colorado Springs Utilities’ 2025 Rate Case filed on September 10, 2024.
Financial Implications:
The Decision and Order and the Resolution authorize changes in Colorado Springs Utilities’ Electric Rate Schedules as reflected in the 2025 Rate Case filing.
City Council Appointed Board/Commission/Committee Recommendation:
N/A
Stakeholder Process:
Public hearing held on October 22, 2024.
Alternatives:
N/A
Recommended Action
Proposed Motion:
Move approval of the Resolution.
Summary of Ordinance Language
N/A