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Business > Economic Vitality
 
Jerry Forte
Chief Executive Officer

Colorado Springs Utilities is one of the few four-service utilities in the country. The reason we’ve been successful is our dedication to the people who created us, our citizen owners. As a community-owned utility, we have a responsibility to be good corporate citizens and active partners in the development and vitality of our city. By providing our customers with reliable utility service, competitive rates, updated infrastructure, efficiency programs and a genuine partnership for success, we provide an outstanding environment for business.

At Springs Utilities, we partner with you to help you operate your business and our utility system effectively and efficiently, creating a win-win solution. We invite you to learn more about us, our programs and services and the community as a whole. If you have any questions or need further information, please feel free to contact a member of our economic vitality team.

Four services, one utility
Colorado Springs Utilities provides electric, natural gas, water and wastewater services to citizens and businesses in the Pikes Peak region. This 4-in-1 service provides the convenience of one phone call to address all your utilities needs along with the economies of scale to provide some of the most reliable and low-cost services in the nation. We’re committed to our customers’ needs, and we’ll work hard to be your utility partner. Our dedicated account management staff of experienced, trained professionals provides more than 175 years of combined utility experience specializing in different industries.

Reliable service
Our customers receive some of the most reliable services in the nation. Whether delivering water from more than 200 miles away or sending electricity to your business, we deliver the quality and reliability that allow manufacturers with sensitive production processes to be profitable in our community. We are updating our Electric Integrated Resource Plan and identifying a combination of resources to meet our long-term electric needs in a cost-efficient and environmentally-responsible way. We continue planning for the Southern Delivery System, a water delivery project that will provide additional supply to the Pikes Peak region for decades to come.

Competitive rates
Colorado Springs Utilities four-service rates are some of the lowest in the country. Compared to 16 competitive western U.S. cities, our rates are the fourth lowest for commercial and industrial customers. In addition to our competitive standard rates, we offer a variety of rate options that may meet your business needs and provide opportunity for savings. As a community-owned utility, we do not pay profits to shareholders. Any revenue above business costs is invested back into our operations to maintain safe, reliable service. We work hard to keep our rates competitive by anticipating the needs of our service area, then working to meet those needs in the most economical way possible.

Financial stability
Colorado Springs Utilities maintains some of the highest bond ratings in the country – and has for several years. Based on information from Standard and Poor’s, only one electric utility in the nation had a higher rating in 2007. High bond ratings mean customers get more value for their dollar when it comes to financing capital improvements.

Involved in the community
At Colorado Springs Utilities, we believe in helping improve the quality of life where we live and do business. We lend a hand to hundreds of nonprofit organizations and environmental groups in our community. In 2007, our employees contributed more than 16,000 hours in volunteer service to the community. At Colorado Springs Utilities, we think that supporting programs in our local community makes us a better utility provider. Employees who are involved in local activities can better understand and serve our customers’ needs.

Helping you succeed
We have a stake in your success. All of our customers are located in the Pikes Peak Region and our employees live here too. Your success contributes to the economic vitality of the region and we’re doing all we can to improve your bottom line. We’re committed to our customers’ needs and are continually working with our customers and partners to find ways to improve our economic vitality programs.


Colorado Springs Utilities' Economic Vitality Team

 



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