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November 2020 Board Update

Dec 3, 2020

Renewable Energy for Springfield Reaches New Peak

In 2020, City Utilities provided 45 percent of the power to its customer with renewable energy resources. The remainder was provided through a mix of market purchases and traditional generation.

 

Rebates Available to Save Money and Stay Warm

There’s still time to add insulation and seal up your doors and windows before winter is here to stay. Take advantage of CU’s rebates to add insulation, a smart thermostat, or more. Visit the Ways to Save portion of our website for details and money saving tips.

 

Utility Receives AA Rating from Standard & Poors

Financial ratings agency S&P has issued a long-term rating of “AA” on City Utilities certificates of participation. The rating is based on several factors that include market position, operational management, and industry risk factors. The full S&P Rating Report can be found at https://www.spglobal.com/ratings/  

 

Helping Our Community

City Utilities and community partner iHeartRadio will hold the 5th annual Share the Light event on Saturday, December 12 from 7:00 a.m. until 7:00 p.m. at the station’s parking lot located at Sunshine and Glenstone. In exchange for a donation of $10 you will receive a red and green LED light bulb for holiday decorating. All donations go directly to ProjectSHARE for distribution to individuals needing financial assistance through OACAC with utility bills during winter months.

The virtual 2020 Halloween Hustle Run raised $15,559 for Harmony House through sponsorships and 238 participants. Funds will help support the needs of victims of domestic abuse staying at the shelter.