Colorado Springs Utilities customers transitioning to a new time-of-day rate plan

COLORADO SPRINGS, Colo. (KKTV) — Most Colorado Springs Utilities customers will soon transition into a new time-of-day rate plan.

The plan is called ‘Energy Wise’ rates, and Springs Utilities said most customers will be switched over by April 1.

With the new plan in place, there will be on-peak and off-peak times for when customers use their electricity, with on-peak having higher rates.

The higher rates, or on-peak rates, will be weekdays from 5 p.m. to 9 p.m.

The off-peak rates will be lower, with that timing being before 5 p.m. and after 9 p.m., as well as weekends and holidays.

Springs Utilities said that there would be higher rates in the summer due to demand being higher, and lower rates in the winter.

If you do not want to use the time-of-day rate plan, there are two other plans that customers can opt into: Energy Wise Plus and a Fixed Seasonal Rate.

CSU said the Energy Wise Plus plan is similar to Energy Wise but has a lower rate during “saver” periods, from 9 a.m. to 1 p.m. each day and including holidays.

The Fixed Seasonal Rate does not have on or off-peak times. CSU said the fixed rate is higher than off-peak rates, but lower than on-peak rates.

Read more about Colorado Springs Utilities’ Energy Wise time-of-day rate plan and additional options here.

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