Colorado Springs Utilities

Colorado Springs Utilities outlined plans for grid upgrades and explored the potential of nuclear power to address growing energy demands. CEO Travas Deal emphasized infrastructure improvements, including new substations, and highlighted the need for energy consumption management to avoid rising costs.

A sinkhole caused by a water main break has closed Montbello Drive West between Fiesta Lane and Descanso Circle East in Colorado Springs, affecting road access and some utility services. Colorado Springs Fire Department and Colorado Springs Utilities are responding to the incident.

The Colorado Springs Fire Department and Colorado Springs Utilities are responding to a sinkhole near the University of Colorado Colorado Springs on Montebello Drive West. The incident was reported shortly before 5:30 p.m. on June 23.

Colorado Springs Utilities is proposing new billing options for solar customers, which would raise monthly electric bills by about $30. The utility claims the changes are necessary to cover peak demand costs, but some solar owners argue the higher rates undermine the financial benefits of solar investments. Current solar customers will retain their existing rates until 2032, with a city council hearing scheduled for August and a final vote in September.

Colorado Springs Utilities has endorsed a Sustainable Energy Plan that includes exploring small modular nuclear reactors as part of a diversified energy portfolio to meet 2045 electricity needs. The plan balances renewable energy expansion, natural gas reliance, and nuclear power research without immediate plant construction.