Close Menu
Invest Insider News
    Facebook X (Twitter) Instagram
    Tuesday, April 7
    Facebook X (Twitter) Instagram Pinterest Vimeo
    Invest Insider News
    • Home
    • Bitcoin
    • Commodities
    • Finance
    • Investing
    • Property
    • Stock Market
    • Utilities
    Invest Insider News
    Home»Utilities»Colorado Springs Utilities CEO touts future projects at annual State of the Utility | Local News
    Utilities

    Colorado Springs Utilities CEO touts future projects at annual State of the Utility | Local News

    June 25, 20253 Mins Read


    Colorado Springs Utilities CEO Travas Deal spoke to a large crowd Wednesday morning about the present and future of the city’s municipal utilities.

    Deal delivered his second annual State of the Utility address Wednesday morning at COS City Hub. The event room was filled with a mix of officials, Utilities staff, local business owners and other residents who wanted to hear about Utilities projects.

    Deal’s presentation leaned heavily on the short-term and long-term projects that were in the works across the different systems. Deal said previous Utilities leaders and city officials had planned ahead to accommodate the city’s growth and he wanted to ensure he followed in their footsteps.

    “My job is to make sure that the foundation is set for the coming years, and me and my team work to do that first and foremost,” Deal said.

    The biggest immediate change from Utilities comes later this fall, when it begins transitioning residents to the Energy Wise dynamic billing system. The new system will charge higher electricity rates during the peak hours of 5-9 p.m. on weekdays and discounted rates at other times to encourage residents to spread out their power use across the day.

    Deal said he was encouraged by how well Colorado Springs had adapted to water conservation and felt residents would embrace the new energy savings in the same way. He emphasized after the main speech that alternative plans would be available for businesses and residents who cannot change their times.

    “When something costs more, it should really go to who’s using it at that time. I think a lot of customers are going to take advantage of Energy Wise and for those that aren’t, we’ll have a flat rate,” Deal said.

    One of the ongoing projects is the city’s transition to renewable energy and energy storage systems. Deal said he was working with the state to plan a smart transition to renewable energy sources while keeping some of the current base power sources in place.  For example, Deal said the former Martin Drake Power Plant will continue to hold gas generators.

    Deal called out nuclear power as an option the utility would continue to look into. He said the high cost of investing in nuclear power initially could be made up for by diversifying the energy sources and the fact the facilities could last up to 80 years.

    Multiple projects are in the works across Utilities’ reservoir network. The South Catamount Reservoir is undergoing a major rehabilitation project to resurface the dam’s face and make safety additions. Utilities is working with Colorado Parks and Wildlife to remove fish from Mason Reservoir so it can be drawn down later this summer to repair leaking sections of pipe.

    Another long-term project Deal promoted was the nearly $400 million Eastern Wastewater System expansion that the Utilities Board approved in May, which he said was important to prepare for the continued growth on the edge of Colorado Springs.

    In the hall outside the event room, Utilities staff set up a series of tables to provide more information about the different programs and projects offered for Colorado Springs residents.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleAuramet fecha modalidade de crédito rotativo sindicado de $350 milhões para apoiar franquia de metais
    Next Article Invesco dépose une demande pour un ETF Solana afin de profiter de la demande croissante pour des alternatives au bitcoin

    Related Posts

    Utilities

    United Utilities hosts Armed Forces breakfast event

    April 6, 2026
    Utilities

    SAP for Energy and Utilities Conference 2026

    April 1, 2026
    Utilities

    When utilities ask to raise rates, customers pay the legal fees. A bill in Mass. would change that

    April 1, 2026
    Leave A Reply Cancel Reply

    Top Posts

    How is the UK Commercial Property Market Performing?

    December 31, 2000

    How much are they in different states across the US?

    December 31, 2000

    A Guide To Becoming A Property Developer

    December 31, 2000
    Stay In Touch
    • Facebook
    • YouTube
    • TikTok
    • WhatsApp
    • Twitter
    • Instagram
    Latest Reviews
    Property

    Release Date, Time & Trailer

    August 14, 2024
    Bitcoin

    Brazil Sets Historic Bitcoin Reserve Hearing as South America Leads Crypto Revolution — MercoPress

    August 19, 2025
    Bitcoin

    Quantum Blockchain réduit ses pertes alors que ses outils de minage Bitcoin progressent

    June 24, 2025
    What's Hot

    Stocks Churn as Nvidia’s 1,000% Rally to Face Test: Markets Wrap

    August 27, 2024

    Qu’est-ce que le bitcoin physique? La version réelle de BTC

    March 5, 2025

    Nvidia Stock Price’s Wild Rollercoaster: Shares Plummet Then Roar Back After AMD’s Shock OpenAI Deal

    October 6, 2025
    Most Popular

    ABTC Stock Climbs as Trump-Backed American Bitcoin Reports $78M Q4 Revenue

    February 26, 2026

    Only 3% of fines collected over non-disclosure of UK property

    April 13, 2025

    Marchés en Asie: le bitcoin à un nouveau record

    July 10, 2025
    Editor's Picks

    China’s Q3 GDP growth slows to one-year low in test of long-term policy plans – Economy

    October 19, 2025

    Lagos Commodities Exchange Lists N23.4bn Eko Rice Contracts

    September 25, 2025

    Martin Lewis shares update on mis-sold car finance compensation scheme that could be ‘biggest payout since PPI’

    October 9, 2025
    Facebook X (Twitter) Instagram Pinterest Vimeo
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions
    © 2026 Invest Insider News

    Type above and press Enter to search. Press Esc to cancel.