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CSU: Local control, good rates, smart budget

Colorado Springs Utilities is one of about 2,000 community-owned utilities in the United States. But what does that mean to you, the citizen-owner? As a community-owned enterprise, we operate as a nonprofit, meaning our rates are designed to bring in only enough to cover costs and reinvest in keeping the utility system reliable. Our customers… Continue Reading CSU: Local control, good rates, smart budget

At a Thursday afternoon press conference, Utilities CEO Jerry Forte had bad news and good news about the fire Monday that severely damaged and shut down the downtown Martin Drake Power Plant. The good news: The fire was largely confined to the southern wing of the building, which houses Unit 5, a 51-megawatt generator that… Continue Reading Forte says Drake shutdown might last a while

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Drake Plant’s near-disaster

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Drake Plant’s near-disaster

Chief says Drake fire could have been worse Colorado Springs Fire Chief Chris Riley did not mince words in describing what could have been. Riley, recapping the fire department’s quick and massive response to the serious fire Monday at Martin Drake Power Plant, praised what he called the quick and courageous response of firefighters on… Continue Reading Drake Plant’s near-disaster

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City Council to reconsider utilities’ CEO compensation

After initial discussions in February, the Colorado Springs City Council will consider a revised proposal for a reduced pay adjustment phased in over three years for Colorado Springs Utilities CEO Jerry Forte. A decision will be made at the April 8 Council meeting. A raise would eliminate the CEO’s performance incentive and increase the base… Continue Reading City Council to reconsider utilities’ CEO compensation

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Analysis: City may pay for not paying Forte

It’s never easy for elected officials in Colorado Springs to give employees a raise, especially when the employees in question are senior executives. That’s particularly true in today’s local economic environment, where unemployment remains high, underemployment is common, and many residents find themselves with depleted savings and diminished paychecks. City Council refused by a 5-4… Continue Reading Analysis: City may pay for not paying Forte

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E-mails from City Councilor Tim Leigh about Colorado Springs Utilities have drawn a response from Utilities CEO Jerry Forte – but that response might have fallen on deaf ears. Leigh routinely regularly sends out his “Market Report” e-mails to a selective distribution list.  The Market Report was initiated when Leigh worked as a commercial broker,… Continue Reading Forte responds to Leigh’s e-mails about CSU, Drake

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