Successful 2020 bond issue

Published: 8/4/2020  3:16 PM
Recently, we successfully issued new money and refunding bonds, selling $251.7 million in Refunding (2020 A/2020B) bonds and $85.4 million in New Money Utilities Systems Improvement Revenue (2020C) bonds. “We are extremely pleased with the pricing ...

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Published: 8/1/2020  11:07 AM
Pikeview Reservoir, a popular fishing lake in central Colorado Springs and part of our water system, recently tested positive for blue-green algae.  While the reservoir is still safe for fishing, humans and pets are prohibited from entering the wate ...

The best native plants for your landscape

Published: 7/30/2020  1:11 PM
If you’re looking for flowers and shrubs that can tolerate hot, dry conditions with grace, take a look at our foothills landscape in the Water-wise Neighborhood of our Demonstration Garden. This garden showcases native plants that thrive when temper ...

Colorado Springs now powered by wind

Published: 7/22/2020  9:39 AM
Only days after we announced our plan to reduce carbon emissions by 80% and close our coal power plants by 2030, we added wind power to our portfolio. For the next five years, Colorado Springs will receive 60 megawatts of renewable energy from two ...

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Published: 7/9/2020  2:33 PM
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Our panels. Your power.

Published: 7/6/2020  2:37 PM
​L3Harris Technologies, a global aerospace and defense innovator with offices in Colorado Springs, is among a growing number of companies seeking to make their operations even greener. Pepe Alicea, senior facilities manager, was exploring solar ener ...

Thank you: Your input helped shape our energy future

Published: 6/30/2020  4:08 PM
We're committed to a new energy future that is cost-effective, resilient and environmentally sustainable. Through our sustainable energy plan, we will: Commit to our community with industry-leading reliability and resiliency and support the econom ...

Six energy-saving summer tips

Published: 6/17/2020  10:52 AM
​It’s starting to heat up, and your energy bills might rise as you crank up the air conditioner. We’ve got six tips to help you stay cool while saving energy this summer. 1. Make sure your ceiling fans are rotating in the proper direction.When po ...

Protecting our infrastructure and our customers

Published: 6/12/2020  9:54 AM
Sometimes projects fall into our laps when we are least expecting them. That’s what happened to Jed Chambers, Kyle Hinton and Jason Messamer from the Systems Planning and Projects (SPP) division recently when they went out to look at Monument Creek ...

Six steps for your healthiest lawn

Published: 6/3/2020  8:45 AM
Enjoying a healthy, green lawn is a hallmark of Colorado summers. If you’re planning to install a new lawn this summer, here are six steps to help your project succeed. 1. Prepare the soil. Smart soil preparation is one of the best things you can d ...

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Exploring ways to save customers money while benefiting the environment   

  by  Amy T.  on  12/17/2019

Grazing Yak Nov 2019 Pic_square.pngAlong with Xcel Energy, Black Hills Colorado Electric and Platte River Power Authority, we announced earlier this week plans to join the Western Energy Imbalance Market (WEIM), operated by the California Independent System Operator (CAISO), to save our customers money while allowing them to use more energy from wind and solar.

Although each utility has different business models, customers and geography, all share a commitment to leading the clean energy transition and believe WEIM will provide the most benefit to their collective Colorado customers.  

An energy imbalance market is a real-time market in which energy generation from multiple power providers is dispatched at the lowest possible cost to serve the combined customer demand of the region.

Earlier this year the group commissioned The Brattle Group to study the WEIM and the Western Energy Imbalance Service (WEIS) proposed by the Southwest Power Pool (SPP).

The study concluded that as the larger of the two markets, the WEIM offers greater potential to lower production costs due to the size of its market footprint and the diverse resources available within the WEIM. The WEIM also offers lower administrative costs and participants of the WEIM are exploring adding day-ahead market services. Day-ahead market services are designed to help utilities plan which resources they will use to generate energy, allowing more renewables to be integrated into the system. 

Currently, Xcel Energy, Black Hills Colorado Electric and Platte River Power Authority share resources and balance demand for electricity through a joint dispatch agreement that has reduced costs for customers. In March 2020, we will begin participation in this joint dispatch agreement. Joining the WEIM will allow the group to exchange energy with an even larger group of neighboring utilities and help integrate more clean energy into their systems.

"We are committed to offering our customers clean, more diverse and affordable energy," said CEO Aram Benyamin. "This regional partnership provides us the opportunity to integrate more renewable energy into our system at a lower cost.”

Over the next few months, we’ll be working with the CAISO to finalize the implementation agreement and settle on a potential date to join the market, with a target of 2021.

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Glad to hear of your participation in the WEIM. Happy to see this positive direction at CSU!

Tuesday, January 07, 2020  9:40 AM  Jan Rahmani