Colorado Springs Utilities is a publicly-owned utility company that provides electricity, natural gas, water, and wastewater services to customers in Colorado Springs, Colorado, and the surrounding areas. The company's electric division generates power from a mix of sources, including natural gas, coal, wind, and solar. In 2020, Colorado Springs Utilities generated 28% of its electricity from renewable sources, with a goal of reaching 80% by 2030. The company's natural gas division operates and maintains a distribution system that delivers natural gas to over 137,000 customers, while its water division provides safe and reliable water to over 480,000 people in the Pikes Peak region. Colorado Springs Utilities is committed to sustainability and has implemented a number of programs to promote energy efficiency and conservation among its customers.
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Colorado Springs Utilities's energy comes from natural gas, coal, solar, and hydroelectric. Natural Gas is the largest source of electricity, providing 59% of Colorado Springs Utilities's energy. Coal is the second largest source, making up 35%. Solar provides 5% of Colorado Springs Utilities's electricity. Hydroelectric provides 2% of Colorado Springs Utilities's electricity.
58%
Natural Gas
35%
Coal
5%
Solar
2%
Hydroelectric
The average electricity rate for Colorado Springs Utilities customers is 13.33 cents/kWh. Colorado Springs Utilities has several different electricity rates for residential customers, as shown in the table below.
| Rate Name | Rate Type | Cost Per kWh |
| Residential Service Standard Option | Fixed | 12¢ |
| Residential Service Time of Day (TOD) | TOU | 10¢ to 33¢ |
In 2021, the average Colorado Springs Utilities customer lost electricity one time for a duration of 234 minutes. In total, the average Colorado Springs Utilities customer had their electricity out for about 231 minutes during the whole year.
Credited to customer's next bill at retail rate indefinitely. At end of each calendar year, IOU customers may opt to roll over credit or to receive payment at IOU's average hourly incremental cost. Municipality and co-ops provide annual reconciliation at a rate they deem appropriate.
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