Creating your own weather

Published: 12/5/2018  3:59 PM
​Some say weather affects their mood. I believe that we can create our own weather – like having a sunny attitude on a cloudy day.  In the utilities business, though, creating our own weather isn’t as possible. We can still choose great attitudes, b ...



Utilities Board seeks customer input

Published: 11/28/2018  1:47 PM
Colorado Springs is fortunate to operate its own community-owned utility. This means that our customers have a say in how their utility operates and plans to provide service in the future. Right now, our Colorado Springs Utilities Board and CEO Ara ...



Give thanks and get deals

Published: 11/21/2018  10:19 AM
​It's that time of the year where we give thanks for what we have, and then get some more!   With the discounts on Black Friday and Cyber Monday, it's the perfect time to upgrade your home with smart technology and efficient appliances. Plus, many ...



A Water Win-Win

Published: 11/15/2018  12:01 PM
​Water news from the Arkansas Valley yesterday is a win-win.  A win for farmers and a win for city-dwellers. Late Wednesday, the Fort Lyon Canal Company (FLCC) Board approved to allow a Lower Arkansas Water Management Association (LAWMA) member to ...



Creating tomorrow’s energy landscape with a new vision

Published: 11/14/2018  4:29 PM
Our world is increasingly revolving around electronics. From your Google Home to your electric vehicle and smart thermostat, the ways in which we all use energy are changing. So too are the ways in which we generate and deliver that energy to you. ...



Funding our Future | 2019 Rates & Budget Approved

Published: 11/13/2018  2:33 PM
Today Colorado Springs City Council unanimously approved our 2019 Budget and 2019 customer rates. Last summer, I was priviliged to work with a team of employees to review the 2019 budget submittal and am proud to share that the 2019 budget is nearl ...



Recognized with Platinum level HIRE Vets Medallion Award

Published: 11/13/2018  2:26 PM
There has been a strong military presence in Colorado Springs for many years, and we're proud to serve those who serve our country. Doing right by our military, though, means more than simply providing safe, reliable utility service. It also means a ...



Trick or Treat for Savings

Published: 10/31/2018  8:49 AM
Trick or treating through the neighborhood, sometimes there is one special house with a candy bowl that stands out from all the others. It’s the place with full-size candy bars. Everyone wants to be at that house with the biggest candy bars, and all ...



Project COPE provides utilities payment assistance

Published: 10/30/2018  2:46 PM
Whether it’s a home-cooked meal or a warm place to lay their heads, our customers count on Project COPE to help when times get tough. Donations to Project COPE make a difference in the lives of so many families. Project COPE is the only local organ ...



Don't be haunted by phantom load

Published: 10/22/2018  10:56 AM
​There are scary things that go bump in the night and then there are scary things that make a bump in your electrical use. Phantom (or vampire) load is the energy that things like your DVD player and microwave use, even when turned off or in standby ...



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Creating your own weather   

Natalie E  by  Natalie E.  on  12/5/2018

Natural Gas PricesSome say weather affects their mood. I believe that we can create our own weather – like having a sunny attitude on a cloudy day.  In the utilities business, though, creating our own weather isn’t as possible. We can still choose great attitudes, but, the reality is, the weather outside has real impact on utilities.  Weather can increase and decrease the use of our services, can cause system outages and can cause prices to fluctuate.

When you’re talking about natural gas prices even weather forecasts can cause changes. Just last month, unseasonably cold weather combined with low levels of gas in storage and the reality of more natural gas being exported, natural gas prices spiked.  The week before Thanksgiving, natural gas was traded on the market at the highest levels since February 2014. Higher prices are expected to continue through the winter season.

It’s important to us, as your community-owned, not-for-profit utility to always be mindful of what’s happening with the natural gas market and plan as well as possible for price changes and mitigate their impacts.

We typically make adjustments, as necessary, on a quarterly basis to cover changes in fuel markets.  We last made changes on Nov. 1 and anticipate another for February 1, 2019. Since we directly pass through changes to fuel costs (up or down) directly to our customers, we expect an increase this winter.  And, then, we expect prices to come down for the following quarter, and anticipate passing that along May 1, 2019.

In the meantime, we’ll keep close watch on the markets and continue to concentrate on mitigating rising fuel costs as much as we can.

What can you do? 
1. Be efficient with your use.  Check out our no-cost/low cost tips to get the most out of your energy dollar.
2. Have a sunny outlook on a cloudy day. 
3. Enjoy the holiday season.

 
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