Close Menu
Invest Intellect
    Facebook X (Twitter) Instagram
    Invest Intellect
    Facebook X (Twitter) Instagram Pinterest
    • Home
    • Commodities
    • Cryptocurrency
    • Fintech
    • Investments
    • Precious Metal
    • Property
    • Stock Market
    Invest Intellect
    Home»Stock Market»Possible 18% increase to Pueblo utilities, opportunities for community input
    Stock Market

    Possible 18% increase to Pueblo utilities, opportunities for community input

    October 30, 20244 Mins Read


    PUEBLO — People in Pueblo and Cañon City might have to pay more for their electricity starting next year. Black Hills Energy has proposed an 18% rate increase over the next eight years.

    On Tuesday and Wednesday, the Public Utilities Commission (PUC) is holding town hall meetings at Pueblo Memorial Hall to hear from the public about the proposed rate increase. Many people who live in Pueblo are worried about their bills going up.

    Covering Colorado

    Community invited to public comment hearings regarding Black Hills rate proposal

    “It’s just out of control, and literally something needs to be done about it,” said Mark Aliff, President of Pueblo City Council. “Another 18% on top of that seems egregious to say the least.”

    City leaders and long time Pueblo residents said they are against the Black Hills Energy 18% rate increase.

    “That’s going to make it hard for people to afford anything,” said Tommy Morley, a Pueblo resident. “Time you get through paying your bills and everything you’re not going to have anything to eat because you have to have electricity to run your house.”

    “It does not matter if we have all the lights off like we do now the bill is still up high,” said Morley.

    We took a look at their bill from Black Hills Energy.

    “Here’s one from August. I use $22.65 worth of energy and $134 bill. My delivery fee was $73.14,” said Barbara Morley, Tommy’s wife.

    Tommy and Barbra's Utility Bill

    Eleanor Sheahan

    What if that’s going to increase by 18%?

    “I’m not gonna be able to afford electric,” said Barbara.

    They say this month, their bill is cheaper because they are not running the swamp cooler.

    “That was a low bill in the summer. It’s higher because we have to run that because we’re so hot this summer,” said Barbara.

    Tommy said they were afraid to turn on the air conditioning because of how much it costs ,and they use a gas stove instead of electric to keep their bill down.

    “Even my dryer is a gas dryer,” said Tommy.

    WHY IS THAT? 

    “Cause you can’t afford electricity,” said Tommy.

    Tommy and Barbara are not the only ones. Many people have expressed their concerns on Facebook if utilities were to increase my 18%.

    “Everybody in our community is affected by this,” said Aliff. “The high electric rates in Pueblo are just crippling. These high rates just have an effect on every aspect of our community.”

    He said an 18% increase would hurt families, business, and development in Pueblo.

    “You’re just taking that much more money out of a person’s paycheck, you’re taking that much more money out of the economy. How do you attract businesses to come to your community when their utility rates are one of the big expenses that they have, it just puts us at an extreme disadvantage,” Aliff said.

    A Black Hills Energy spokesperson said the cost to provide services has gone up since 2016, which is the last time Black Hills changed its electric rates.

    WATCH: ‘Economic death sentence,’ Black Hills Energy proposed electric bill increase

    “So basically they’re thinking that the cost of doing business and their expenses have gone up enough in the last six years that they need this rate increase,” said Aliff.

    He is encouraging people to speak out against this rate increase at two town hall meetings happening this week.

    “The Public Utility Commission is actually coming here and allowing the community three to five minutes to say how this rate increase is affecting them,” said Aliff.

    Aliff said the Public Utilities Commission decides whether to approve the increase or not.

    “So it’s critical that the community, if they’re affected by these high electric rates, have a chance to voice their displeasure with the way that the rates are here in Pueblo,” said Aliff.

    The town hall meeting is being held at Pueblo Memorial Hall on Tuesday, October 29 and Wednesday, October 30 from 5:00 p.m. to 8:00 p.m. The public is invited to come to the meeting and share their opinions on the rate increase.



    ‘It was chaotic’: Former UCCS leader files federal complaint against school after deadly campus shooting

    In the wake of a deadly shooting at the University of Colorado Colorado Springs (UCCS) in February, a former school leader has filed a federal complaint against the university, claiming the college was not prepared for the crisis.

    ‘It was chaotic’: Former UCCS leader files federal complaint against school after deadly shooting

    News Tips

    What should KOAA5 cover? Is there a story, topic, or issue we should revisit? Have a story you believe should make the light of day? Let our newsroom know with the contact form below.

    ____

    Watch KOAA News5 on your time, anytime with our free streaming app available for your Roku, FireTV, AppleTV and Android TV. Just search KOAA News5, download and start watching.





    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Mesa Laboratories (NASDAQ:MLAB) Will Pay A Dividend Of $0.16

    Stock Market

    Do These 3 Checks Before Buying ISA Holdings Limited (JSE:ISA) For Its Upcoming Dividend

    Stock Market

    Top 10 dividend stocks of the past year

    Stock Market

    Les principales cryptomonnaies progressent : le Bitcoin maintient son cap au-dessus des 118 000 $

    Stock Market

    TFSA Strategy: Turn $7,000 Into a Monthly Cash Machine With These 3 Stocks

    Stock Market

    European Dividend Stocks To Watch In July 2025

    Stock Market
    Leave A Reply Cancel Reply

    Top Picks
    Stock Market

    Les acteurs de la tech consomment toujours plus d’énergie

    Commodities

    TOI Commodities inks US$117.5mn facility with development banks, commercial lenders

    Investments

    Private property issue #124 – Is now a good time to…

    Editors Picks

    Inferno Metal Festival Norway 2025 Reveals Panel Information For Inferno Music Conference

    July 27, 2024

    A record breaking quarter: Is 2025 the year of gold?

    April 1, 2025

    Experts reveal the best Dubai property bargains, with hidden gems starting at just £300k

    April 1, 2025

    Sustainable governance of agricultural land in Arctic Norway

    April 25, 2025
    What's Hot

    The ‘cheapest’ UK seaside town where a home is just £32,500 | UK | News

    May 3, 2025

    Speculative surges in the Shanghai market fuels alumina’s record-breaking rally

    October 18, 2024

    2 Beaten-Down Dividend Stocks to Buy Now and Hold at Least a Decade

    June 7, 2025
    Our Picks

    US’ fusion energy goal can be achieved soon with new fuel recycling

    August 26, 2024

    What Is Fiat Money? Definition, Pros, Cons & Future of the Fiat System | Crypto Data Space

    July 8, 2025

    EU targets Trump’s red states with tariffs on US trucks, cigarettes and ice cream – POLITICO

    April 8, 2025
    Weekly Top

    Crypto Week Begins July 14 as Congress Votes on Key Bills

    July 12, 2025

    CAN Féminine 2024 : RDC – Zambie, une dernière bataille pour la gloire ou l’honneur

    July 12, 2025

    Fintech/Lancement de Digiape : Vers une démocratisation des souscriptions sur le marché primaire

    July 12, 2025
    Editor's Pick

    3 Magnificent S&P 500 Dividend Stocks Down 20% to 33% to Buy and Hold Forever

    May 25, 2025

    The key races to watch in all 50 states

    October 30, 2024

    2 Warren Buffett Dividend Stocks to Buy With $500 Right Now

    August 17, 2024
    © 2025 Invest Intellect
    • Contact us
    • Privacy Policy
    • Terms and Conditions

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