News

Check the clock: Colorado Springs customers could pay less for electricity this winter

kktv.com · last updated

COLORADO SPRINGS, Colo. (KKTV) -Colorado Springs Utilities customers on the Energy Wise rate will pay less for electricity during weekday on-peak hours starting Oct. 1.

The winter on-peak rate is about 15 cents per kilowatt-hour, down from the summer rate of about 29 cents per kilowatt-hour.

On-peak hours remain from 5 to 9 p.m. Monday through Friday.

The off-peak rate remains about 7 cents per kilowatt-hour. Off-peak hours are before 5 p.m. and after 9 p.m. on weekdays, as well as all day on weekends and most holidays.

Colorado Springs Utilities spokesperson Alex Trefry said electricity costs less to purchase, generate and deliver during the winter because demand is lower.

Customers can lower their costs by shifting some electricity use to off-peak hours. Utilities recommends running dishwashers after 9 p.m., doing some laundry on weekends and charging electric vehicles during off-peak hours.

A separate decrease to the electric fuel rate also took effect Oct. 1. Colorado Springs Utilities said the change is expected to save the average residential customer about $1.54 per month.

The winter Energy Wise rates remain in effect through May 31.