Article

Colorado Springs Utilities (CSU) will raise natural gas rates by $7 to $10 for residential customers and $14 to $20 for commercial customers starting July 2025, following a consent agreement with the Pipeline and Hazardous Materials Safety Administration. The increase is necessitated by the need to replace corroded and unprotected steel gas lines, with an estimated replacement cost of $300 million over ten years, funded by a new charge on gas bills expected to generate up to $28.2 million annually from 2026 to 2029.