The Colorado Springs, Colorado, City Council approved a decrease to electric and natural gas fuel rates, lowering the average residential customer’s monthly bill by $9.72, starting April 1, Colorado Springs Utilities recently reported.
Electric cost adjustment*
• Residential: –$2.10 (–1.9%)
• Commercial: –$18.00 (–2.6%)
• Industrial: –$1,293.20 (–3.1%)
Natural gas cost adjustment*
• Residential: –$7.62 (–15.2%)
• Commercial: –$157.35 (–20.4%)
• Industrial: –$1,573.56 (–21.0%)
*Assuming average electric and natural gas usage. Individual bill impacts vary based on weather, household energy use and home efficiency.
The decrease reflects lower forecasted natural gas prices in 2026.
The last fuel rate change occurred in July 2025, when the average residential monthly bill increased by about $0.25.
Fuel rates -- also known as cost adjustments -- are directly tied to the cost of fuel and can increase or decrease quarterly, the public power utility noted.
“As a nonprofit, community owned utility, we pass fuel cost changes directly to customers (typically up-to four times a year including changes in January, April, July and October),” it said.
“To help protect customers from market volatility, we purchase natural gas when demand and prices are lower, store supplies in leased underground storage, and use long range planning tools to lock in more stable prices. These strategies help keep rates competitive with other Front Range utilities and allow customers to benefit when fuel costs decline.”
