Home » Posts tagged with » Colorado Springs Utilities (Page 7)

Let’s see whether I understand this. We have a city-owned municipal utility which has invested billions of in the construction of systems which divert, store, transport and distribute water from many sources to Colorado Springs. We have one of the greatest park systems of any city in America, including landscaped medians, neighborhood parks, major parks,… Continue Reading Greater accountability needed at Colo. Sprgs. Utilities

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The Colorado Springs business community is on course to be the recipient of more than $33 million in local spending by Colorado Springs Utilities during 2010. In advance of today’s Utilities Board meeting today, procurement and contract department officials reported that it is on course to set a local spending record, which year-to-date accounts for… Continue Reading Utility says spending focuses on local biz

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Independent board needed for CSU

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A critical vote is coming on the $1.2 billion Southern Delivery System, and I’m hoping it passes. Actually, I can hardly imagine it failing. As a result, Colorado Springs water rates will be going up in the next two years, climbing from an average of $36.86 to $46.24. Additional votes will be needed for additional… Continue Reading Independent board needed for CSU

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Colorado Springs Utilities is holding a series of workshops for contractors and businesses interested in working on the Southern Delivery System project. Workshops on the water project – which will bring water from the Pueblo Reservoir into Colorado Springs – will be held in El Paso, Pueblo and Fremont Counties. The El Paso County workshop… Continue Reading Utilities holds contractor workshop tomorrow

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Legislation passed this week requiring investor-owned electric utilities to switch from coal to natural gas had the support of environmentalists, gas producers and the company most affected by its mandates, Xcel Energy. But not Colorado Springs Utilities. Backers of HB 1365 said that aging coal-fired plants, such as those operated by CSU, are inefficient, dangerous… Continue Reading CSU takes contrarian view on gas

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PILT: Phased out?

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Council has yet to consider codification Voters may have believed that by approving Issue 300 they had put an end to payment in lieu of taxes, or PILT, from utilities to the city’s general fund, but that might not be the case. A draft codifying Issue 300, deferred from the City Council’s regular meeting this week… Continue Reading PILT: Phased out?

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Few of us are able to avoid conflicts of interest. At some time during our lives, whether as private individuals or in business, we’ll be faced with potentially conflictual situations. Many such conflicts are easily resolved, while others may involve difficult ethical or moral dilemmas. Suppose you put your house on the market and fail… Continue Reading Council’s oversight of CSU a delicate balancing act

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The average age of Colorado Springs’ reservoirs and dams is 83 years old; its raw water pipe system, treatment plants and collection mains are in their 30s; and hydrants and water distribution mains are in their 20s. Because the city is not located on a major river, water infrastructure is a major issue for Colorado… Continue Reading Forget baby boomers, aging infrastructure real crisis

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CSU maintains bond rating

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Standard & Poor’s, Fitch and Moody’s ratings services have affirmed the AA, or equivalent, long-term rating to Colorado Springs Utilities’ bonds. The AA rating makes CSU one of the highest-rated utilities in the nation. Judith Waite, primary credit analyst with Standard & Poor’s, describes CSU’s strong financial management, competitive rates in each of its four systems and a… Continue Reading CSU maintains bond rating

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  Colorado Springs Utilities has been ranked third in west in J.D. Power and Associates’ Electric Utility Residential Customer Satisfaction Study. CSU competed for the ranking in the midsize utility segment, organizations that serve between 125,000 and 499,999 customers. The municipal utility also received the 10th highest score in the nation, regardless of utility size.… Continue Reading J.D. Power ranks Springs Utilities 3rd for customer satisfaction

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