Polis: Utilities must protect consumers from natural gas prices

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Polis: Utilities must protect consumers from natural gas prices
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'I will officially call on the Public Utilities Commission, the Colorado Energy Office, and all of Colorado’s utilities ... to protect Colorado consumers, lower costs, and avoid price swings like the one we’re experiencing now,' Gov. Polis writes.

International conflict, extreme weather, and other external factors are driving higher home heating costs for Coloradans during our coldest winter months. Through no fault of our own, we Coloradans are seeing, meaning hundreds of dollars more each month to keep our houses warm. This is on top of the other inflation-related costs Coloradans are struggling with.

That’s why this week I will officially call on the Public Utilities Commission , the Colorado Energy Office , and all of Colorado’s utilities to look at how every single process and procedure can be altered to protect Colorado consumers, lower costs, and avoid price swings like the one we’re experiencing now.

I’m directing the Public Utilities Commission, within the Department of Regulatory Agencies, to improve long-term price stability and reduce customer exposure to spikes. Our utilities must be held accountable to ratepayers, and we must ensure that they lose profits over failure to protect consumers from increased natural gas prices.

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