Holy Cross Energy rescinds rate plan; Black Hills Energy lowers gas prices for Eagle County
Holy Cross Energy cancels rate plan; gas prices declining
The utility companies that provide electric and natural gas service to most of the Eagle River Valley have provided a bit of a break to customers.
Holy Cross Energy, which provides electric service to virtually all of the valley, recently announced it is rescinding a proposed electric rate change. Those changes were suspended by the electric cooperative earlier this year.
The proposed changes would have altered the utility’s rate structure by splitting utility bills into two parts: a new delivery charge intended to recover the cost of operating the electric grid, and a reduced energy charge reflecting the costs of electricity being delivered.
A release from the utility noted that more than 300 written comments were received regarding the proposed changes. The suspension of the changes was supposed to be in place through at least Jan. 1, but the board in September voted to fully withdraw the proposed rate structure.
Black Hills Energy, which provides natural gas service to much of the valley, has announced the Colorado Public Utilities Commission on Sept. 27 approved a company request to lower the “quarterly gas cost adjustment” for natural gas it delivers. A release from the company noted that as of Oct. 1, Eagle County customers’ monthly natural gas bills are expected to decline by 6.26%.