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Financial Focus

Financial forecast: Like utilities nationwide, we're experiencing increasing costs for fuel and power, materials, capital projects, and operations and maintenance that will impact customer rates in the future. Learn more about these challenges and impacts though a few highlights from the July 16 Utilities Board meeting.

PDF documents

Video

Impact of current economic conditions: The economic downturn has resulted in less revenue for the organization. Learn more about the specific impacts and our proposed solutions from these earlier video excerpts.

Comfort is knowing your lights will turn on when you flip the switch. Convenience is having one utility provide all four services to your home or business. Value is providing exceptional customer service while keeping costs low.

At Colorado Springs Utilities, we focus our attention on the basics – our four core services of electricity, natural gas, water and wastewater. The result: a more efficient community-owned utility.

The citizens of Colorado Springs continue to reap the benefits of community ownership – enjoying competitive prices, exceptional hometown service, responsible environmental practices and a voice in how their utility operates.

Our history

In 1878, Colorado Springs developed a municipal water system and 10 years later added a municipal wastewater system. Private businesses provided electricity and manufactured natural gas at the time.

Citizens grew dissatisfied with private utility practices and petitioned for an election to allow the city to acquire the electric and natural gas systems. In 1924, voters approved the measure.

Since then, citizens have enjoyed the benefits of controlling the operations of their municipally-owned, four-service utilities company. They've reaped the benefits ever since: fair prices, responsive service and a voice in how their company operates.

Today, more than 600,000 combined metered customers benefit from the wisdom and foresight of those early citizens in creating their own utilities company. As a result, today's customers are the owners of Colorado Springs Utilities, which has long been and will continue to be, a valuable community asset.



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