Title
Public Hearing for the Consideration of Resolutions Setting Electric, Natural Gas, and Certain Water Rates Within the Service Areas of Colorado Springs Utilities, and Certain Changes to Electric and Natural Gas Rate Schedules, and Utilities Rules and Regulations.
Presenter:
Tristan Gearhart, Chief Planning and Finance Officer, Colorado Springs Utilities
Travas Deal, Chief Executive Officer, Colorado Springs Utilities
Chris Bidlack, Senior Attorney, City Attorney’s Office
Body
Summary:
A public hearing will be conducted for City Council to consider changes to Colorado Springs Utilities’ Electric, Natural Gas, and Water Rate Schedules as well as Utilities Rules and Regulations reflected in the 2024 Rate Case filing to be effective January 1, 2024.
Background:
In accordance with the City Code of the City of Colorado Springs § 12.1.108, Colorado Springs Utilities is required to make a filing of this nature when rate changes are expected to have an adverse financial impact on certain customers and request a hearing before City Council not less than thirty days from the date of filing. Colorado Springs Utilities is complying with this City Code requirement by requesting that this action be placed on the September 12, 2023 City Council meeting agenda, at which time a hearing date of October 24, 2023 will be requested.
The 2024 Rate Case filing, including the resolutions and all supporting documentation, will be made on September 12, 2023. Both physical and electronic copies of the entire rate filing will be available for public inspection in the City Clerk office. Electronic copies will be provided to City Council members and will also be available on Colorado Springs Utilities website at www.csu.org. Notice of the Public Hearing will be made by publication in The Gazette no less than 30 days before the public hearing.
Previous Council Action:
On September 12, 2023, City Council approved the proposed public hearing date of
October 24, 2023.
Financial Implications:
Colorado Springs Utilities is proposing rate changes as reflected in the 2024 Rate Case filing.
City Council Appointed Board/Commission/Committee Recommendation:
N/A
Stakeholder Process:
N/A
Alternatives:
N/A
Recommended Action
Proposed Motion:
N/A
Summary of Ordinance Language
N/A