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Colorado Springs energy rates lowest in Colorado
Colorado Springs Utilities customers paid less for electricity and natural
gas than all other Colorado cities included in a first quarter 2006 report. The
energy portion of a typical Colorado Springs residential monthly bill was
$121.56 compared to the state average of $155.66 and the national average of
$166.22.
Typical combined electric and natural gas bill
Colorado Springs $ 121.56
Gunnison $ 131.20
Loveland $ 148.53
Denver $ 149.38
Glenwood Springs $ 154.83
Greeley $ 169.98
Grand Junction $ 184.12
Pueblo $ 185.69
The results are part of a quarterly cost of living study of nearly 300 cities
in the US conducted by ACCRA, a nonprofit research group based in Arlington, VA.
Bill amounts are based on first quarter 2006 electric and natural gas rates and
typical year-round average monthly usage.
“Our proactive hedging program locks in the price on a large portion of our
natural gas supply, keeping our rates more stable,” said Edward Easterlin, chief
planning and finance officer for Springs Utilities.
Colorado Springs City Council recently approved a reduction in the natural
gas cost adjustment, or GCA, effective June 1, 2006. Typical residential
customers will see a decrease of about 13 percent in the natural gas portion of
their bill.
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