Utility Costs in Colorado Springs

In many growing communities there are increasing costs for water and sewer systems, and growing concerns about how that can affect economic development competitiveness for key industries that are sensitive to those costs. As part of its efforts to maintain the advantages of the region for business growth, the Greater Colorado Springs Economic Development Corp. took leadership action to conduct a study of the region's economic development competitiveness and effects of changes in local utility costs. The team of Economic Development Research Group and Ticknor & Associates was hired to conduct the study.

The project involved a four step process of detailed analysis of the region's economic base and competitiveness, focusing on strengths and weaknesses for attracting and expanding key target industries. The analysis compared the Colorado Springs area to fourteen competing metropolitan areas around the US.

The first step was the application of cost models for comparing utility rates and business operating costs for various target industries. The second step was the comparison of relative economic performance and competitiveness factors using the Local Economic Assessment Package (LEAP).

The third step was a synthesis of findings on the region's competitiveness and utility cost factors, based on detailed interviews of site location consultants. The fourth step was the development of profiles comparing utility-related economic development programs and policies among the competing regions.

Full Report (pdf)


Latest Blogposts

Twitter Feed

Resilience, Congestion Pricing, Port of Long Beach and more from EDR Group https://t.co/8fwr3gOcMv https://t.co/dqs81riww9
Glen Weisbrod presented at the Business Facilities LiveXchange 2019, April 7-9 in Fort Worth, TX, and his presentat… https://t.co/7gBbCUKmKq
EDR Group's Derek Cutler will be presenting "Accounting For Uncertainty in Future Goods Movement: Processes for Gen… https://t.co/4ONKy2k6xr
twitter 2 linkedin 2

Telephone: 1-617-338-6775 - This email address is being protected from spambots. You need JavaScript enabled to view it.

© 1997-2019 Economic Development Research Group, Inc; 155 Federal St. 6th Floor, Boston, MA 02110 USA