Impacts of Proposal to Eliminate Inclining Block Rates in Colorado
Energy Outreach Colorado
Completed August 2021
On behalf of Energy Outreach Colorado, Synapse submitted testimony regarding the impact of Public Service Company of Colorado's proposal to eliminate inclining block rates (IBR). Synapse's analysis revealed that inclining block rates are more cost-reflective than flat rates, and that eliminating IBR would have disproportionately negative impacts on low-income customers, as these customers tend to have lower usage than average. Further, Synapse's testimony supported empowering customers to better manage their electricity bills by providing customers with cost-reflective rate options.