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Council votes to lower electric and gas cost adjustments, reducing typical bills about $9.72

Colorado Springs City Council · March 24, 2026
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Colorado Springs Utilities recommended lower fuel‑cost adjustments; council approved an ECA reduction to 2.33¢/kWh and a GCA reduction to 19.94¢/CCF effective April 1, 2026, producing an estimated $9.72 cut on a sample combined residential bill. Council and utility staff discussed hedging and forthcoming infrastructure riders.

The City Council voted unanimously (8–0) on March 24 to lower the Electric Cost Adjustment (ECA) and Gas Cost Adjustment (GCA), citing lower natural‑gas market prices and improved supply and storage. The council approved an ECA of 2.33¢ per kilowatt hour and a GCA of 19.94¢ per CCF, changes the utility said would reduce a sample combined residential bill by about $9.72 per month.

Tristan (Utilities presenter) described…

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