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Hazlehurst: Council puts kibosh on Xcel’s interest in Utilities

Hazlehurst: Council puts kibosh on Xcel’s interest in Utilities

The Colorado Springs City Council (in its dual capacity as the Utility Board) met Wednesday and ignored Xcel Energy’s June 28 offer to enter into a non-disclosure agreement with Xcel subsidiary Public Service Company of Colorado “with the specific intent of exploring over the next 60 days if there is a value proposition that would… Continue Reading Hazlehurst: Council puts kibosh on Xcel’s interest in Utilities

Xcel Energy’s June 27 letter to Colorado Springs Utilities will be a game-changer, regardless of its immediate outcome. In the letter, Xcel vice president for asset development Bryan Hassler proposed that Xcel and CSU enter into a nondisclosure agreement “with the specific intent of exploring over the next 60 days if there is a value… Continue Reading How should Council respond to Xcel? Listen, at least

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Investor-owned utility Xcel Energy has proposed that Colorado Springs Utilities enter into a non-disclosure with Xcel subsidiary Public Service of Colorado “with the specific intent of exploring over the next 60 days if there is a value proposition that would provide for PSCo’s acquisition of and assumption of operations for CSU’s generation fleet.” The “fleet”… Continue Reading Xcel Energy interested in buying, operating Utilities’ power generation

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Time to vote on Utilities governance

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Bring together almost any group of prominent community leaders these days, and inevitably the subject turns to Colorado Springs Utilities — in particular, the future of Martin Drake Power Plant. On one extreme, there are the environmentalists, who are more determined to force the issue of closure after the May 5 fire that temporarily shut… Continue Reading Time to vote on Utilities governance

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Hazlehurst: EPA the wrong target in city’s Drake saga

Those of us unfortunate enough to report on politics are used to hysteria. If, for example, it became publicly known that your boss was foolin’ around with his female subordinates, it would be unfortunate for those involved and their families, but hardly a matter of countywide concern. But Sheriff Terry Maketa? Given the indignantly expressed… Continue Reading Hazlehurst: EPA the wrong target in city’s Drake saga

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Here’s a recent email to longtime environmental activist Lee Milner from George Luke, Colorado Springs Utilities’ interim chief energy services officer: “This is in response to your recent question in regard to the ability to use insurance proceeds from the Drake 5 fire to fund DSM or renewables in lieu of repairing or replacing Drake… Continue Reading Drake damage apparently not as bad as feared

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If you’re like most people in Colorado Springs, you’re thinking the city is a year away from a pivotal moment — the 2015 mayoral election. We’ll have the first round of voting next April, likely narrowing the field to a runoff. Unless the landscape changes dramatically, Mayor Steve Bach will be seeking a second four-year… Continue Reading Stormwater may turn into early city election

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SDS: There is no Plan B

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SDS: There is no Plan B

Our water and SDS: Last of a three-part series Few companies have long-term horizons. Managers and shareholders alike understand that they live in a world of creative destruction, described 72 years ago by Joseph Schumpeter as the “process of industrial mutation that incessantly revolutionizes the economic structure from within, incessantly destroying the old one, incessantly creating… Continue Reading SDS: There is no Plan B

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The Colorado Springs Utility Board ()AKA City Council will meet Wednesday afternoon at 1 p.m., with the agenda and associated attachments already online. Here are the most significant items, including forecast electric and gas rate increases and the expected length of the Martin Drake Power Plant outage. In what is presumably a worst-case scenario, Utilities… Continue Reading Rates up, Drake down for as long as a year

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Water: When will we need more?

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Water: When will we need more?

Our water and SDS: Second of a three-part series Next: Bargain or boondoggle? Is Southern Delivery System the future of the city or a needless extravagance? How much water will we need from SDS in 2016? In 2040? In 2013, city residents used 78,067 acre-feet of water, 3,000 acre-feet less than in 1986. Is such… Continue Reading Water: When will we need more?

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