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HomeMy WebLinkAboutPROSPECT EAST FOURTH ANNEXATION & ZONING - 2-04 - CORRESPONDENCE - CITY STAFF (8)1 Following annexation, Fort Collins Utilities assumes responsibility for electric service in the newly annexed area. In most cases the transfer will take place within two years of annexation. Transfers from Xcel Customers and Facilities: The transfer of facilities and customers is made in accordance with a 1978 agreement between the City and Xcel Energy. There is no cost to former Xcel customers for the transfer of service to Fort Collins Utilities. Rates: Customers transferred from Xcel pay the standard Fort Collins Utilities electric rates with no additional adders as a result of the annexation. Generally, the City's electric rates are lower than the rates charged by Xcel. City sales tax will be collected on electric bills following annexation. Stev . Olt y Electric service after annF on _ . _. . -__ page-1 From: Ellen Switzer To: Steve Olt Date: 3/4/04 10:23AM Subject: Electric service after annexation Steve, Here is a short description regarding electric service for annexed Xcel customers. Please contact Jean Pakech for information on stormwater charges that may be applicable after annexation. Ellen