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- 2020 Residential Rates
In 2020, a typical residential customer, based on average annual use, could expect to see an increase of approximately $4.18/month.
- Electric: 5.2% increase for electric distribution infrastructure improvements.
- Water: 0.4% (single-family), 0.8% (duplex) and 0.9% (multifamily) rate adjustment increases based on recent cost-of-service model updates. Variations in overall use and peaking factors (ratio of peak-day demand to the average-day demand), generally during the summer months when outdoor irrigation occurs, are driving these adjustments.
- Wastewater: -0.6% (single-family), 0.1% (duplex) and 1.4% (multifamily) rate adjustments based on recent cost-of-service model updates. Changes in flow volumes and associated strengths of that waste are driving shifts in costs between rate classes.
- Stormwater: 2% increase for infrastructure improvements.
Single-Family Monthly Bill Comparison
Utility 2019 2020 $ Change % Change Electric $74.64 $78.52 $3.88 5.2% Water $47.88 $48.07 $0.19 0.4% Wastewater $34.45 $34.24 $(0.21) -0.6% Stormwater $15.73 $16.04 $0.31 2.0% Total Average Bill $172.70 $176.88 $4.18 2.4%
Fort Collins Utilities regularly reviews its rates and makes adjustments to reflect the costs of providing reliable and quality electric, water, wastewater and stormwater services. Utility rates provide the long-term revenue required to meet the needs of each utility. Typically, City Council approves rates by ordinance in November and new rates go into effect in January.
Utilities across the country face common challenges – aging infrastructure, keeping up with technology, and meeting the evolving priorities and needs of customers, including residential, commercial and industrial.
As a municipal utility, one of our roles is to ensure our rates remain fair and equitable. We accomplish this through bi-annual, cost-of-service studies to identify operational expenses associated with the delivery of services.