Real Estate 09/18/16

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Marketplace Marketplace Sunday, September 18, 2016

Estate RealReal Estate Careers Careers Garage Garage SalesSales

TOTO PLACE AN AN AD, AD, CALL 444-7355 PLACE CALL 444-7355

Featured Properties 257 E. Fountain $495,000 Opportunity for a great multi use property located in the heart of southern downtown. This 3-sty property has a residential unit, street level office space, and a detached garage w/add’l residential space above. The street level office space is currently leased. The 1400 sf space has natural light, kitchen area, as well as a bedroom & office. The main residential space located on the upper 2 levels is 2000+ sf of open concept living & is flooded w/natural light. The kitchen is finished w/beautiful cabinetry, granite counters, S/S appls. There are 3 bdrms, including the private master suite located on the upper level that offers a 5-pc bath. The unit is equipped w/an elevator providing access to all 3 levels. Above the garage is a currently leased 1 bdrm, 1 bath living space, inc. a full kitchen, W/D, and living room, perfect for generating add’l income. The property includes an oversized 2 car heated garage & charming outdoor courtyard w/plenty of privacy. The potential rental income for the entire property could exceed $3800/mo. As the southern downtown area continues to grow and renew, this property is positioned extremely well to take advantage of the upcoming changes in the area. Between the highly anticipated Olympic Museum and Public Market, the South Nevada renewal project, and the prime location connecting the southwest area to downtown, this property is an opportunity that shouldn’t be missed. Please contact our office to schedule a private tour

en ay Op Tod m e us -1p o H 1am 1

4715 Stone Manor Heights $675,000 Pristine home located in the Broadmoor Resort. Elegant entrance with idyllic landscaping & privacy. Gourmet kitchen opens to family room. Main level office. Walkout lower. Home boasts a 4 car garage w/plenty of room for storage. Beautiful mountain views & expansive decking ideal for outdoor entertaining. Purchase of this home includes the option of joining the Broadmoor golf club!

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319 Sutherland Place $339,000 Beautiful setting in the desirable Crystal Hills neighborhood of Manitou Sprgs. This home has been very well maintained and truly shows the pride of ownership. Desirable floor plan w/main level living and a spacious bkyd w/plenty of trees. The home has hdwd floors underneath the carpet in the living room and all 3 bdrms. Beautiful curb appeal w/breathtaking views of Pikes Peak. This home is steps away from trails that offer endless amounts of hiking!

THANK YOU COLORADO SPRINGS FOR VOTING US BEST REALTOR ALL AREAS • ALL PRICES (719) 232-1063 www.TheHermesTeam.net

Introducing Sanctuary Pointe. A pristine community nestled in the trees along the western edge of the Black Forest. Baptist Road & Sanctuary Rim Drive - Monument, CO

Join our interest list at: SanctuaryPointeColorado.com

2016


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The Gazette · springshouses.com

Sunday, Sep 18, 2016

6 home renovations you can do yourself BY MEGAN CRAIG GOBANKINGRATES.COM

Americans spent a combined total of more than $326 billion on remodeling and home improvements in 2015 as of October, according to the National Association of Realtors’ 2015 Remodeling Impact Report. If you’re looking to add value to your home without spending a fortune, you might be considering a few do-ityourself projects. But not all DIY jobs pay off — in some cases, you might find yourself doing a lot of work and spending more than you would have to just hire a professional in the first place. Still, there are a few renovations you can tackle yourself for significantly less than it would cost for a professional. So, get out your elbow grease and try to do these DIY home projects:

INSTEAD OF REPLACING YOUR WINDOWS, FIX THEM

Estimated cost to DIY: About $10 How much it costs for a professional: Anywhere from approximately $1,000 to $20,000, depending on the number of windows Think all the windows, doors and drawers in your house need replacing? Instead of forking over thousands of dollars, try improving the efficiency of the existing windows for far less time and money. A little insulation goes a long way, said Max Robinson of KB Home Specialists in Glasgow, Scotland. He suggests buying strips of self-stick rubber weather sealing — available at most hardware stores — then cutting the rubber into strips to fit the dimensions of your windows. Stick them along the frame and, in doing

so, you’ll close any gaps that could be letting air in and increasing your utility bills. “You’ll hardly notice the difference to (the look of) your window, as they’re very discreet and barely visible,” said Robinson. The strips will cost less than $10 — and take less than 10 minutes to put on each window.

CREATE A HOME OFFICE

Estimated cost to DIY: Less than $100 for supplies How much it costs for a professional: As much as thousands of dollars, but it depends on the size of the room If you want the bonus of a home office without having to give up an entire bedroom or den, consider converting an extra closet into a tiny but efficient home office space. All you’ll have to do is take the hinges off the doors, remove any hanging rods or built-in cubbies and hang a few shelves. Although you might be able to find some cheaper shelves, you’ll get great quality and be able to add matching shelves in the future if you go with the Elfa collection from The Container Store. You’ll need a deeper shelf to use as a desktop — hang this one lower down so a chair comfortably fits under it. Then, hang a couple shallower shelves above to store books, binders and other necessary office supplies. Obviously, you’ll need brackets for all three shelves. And if you don’t already have a chair to use in the office, that will add slightly to the cost. Still, it’s cheaper to do it yourself than to hire a professional, who would charge not

only for supplies but for labor as well.

ADD NEW SIDING TO YOUR HOME

Estimated cost to DIY: Starts at 93 cents per square foot for vinyl siding from BuildDirect.com How much it costs for a professional: About $5,000 to $12,000, depending on the size of the job and the type of siding Last year, the NAR emailed an exterior remodeling project survey to 75,789 members and included the median cost of each professional remodeling project. According to the survey, Realtors believe that new roofing, new vinyl windows, new garage doors and new vinyl siding topped the list of projects that appeal to homebuyers. Although the cost estimate for new vinyl siding is $12,000, the project could increase your home’s value — the percent of value recovered from adding new vinyl siding is 83 percent. So, when it comes time to sell your home, you could nab a higher price. But why pay a professional when you could get the job done yourself? You’ll need to buy the vinyl siding, of course, and a few special tools available at any home improvement store. But once you have the materials — and possibly a handy friend to help hold the ladder and lay the siding — putting up your own vinyl siding doesn’t require any special skills.

REPLACE A FLOOR WITH NEW VINYL TILES

Estimated cost to DIY: As little as 40 – 50 cents each How much it costs for a professional: Anywhere from a few hundred dollars to $10,000, depending on the size of the job and type of flooring When you think vinyl flooring, you might picture ugly bathroom floors in

homes with dated decor. But vinyl isn’t what it used to be. Instead, you can buy high-quality vinyl tiles that look like wood or stone. With minimal effort — and a minimal budget — a homeowner can replace outdated, damaged or generally hideous flooring by laying down these tiles, which are available in a peel-and-stick format to make the job easy enough even for a non-professional. Available for as little as a few cents each, this is a do-it-yourself job that could transform a space for relatively little money. The best part: It’s removable. If you like to change the look of your house every couple years, you can remove one vinyl flooring pattern and stick on another for only a bit of time and the cost of materials. But if you love the look of your old wooden floors and don’t want to replace the floor with vinyl, you might benefit from an even cheaper solution: corn starch. Robinson suggests sprinkling corn starch — available for less than $10 at many grocery stores — in between the floorboards to make them less squeaky.

PLANT A TREE WINDSCREEN TO PROTECT YOUR HOME’S EXTERIOR Estimated cost to DIY: Depending on the type of tree, anywhere from about $40 to $100 per tree How much it costs for a professional: Anywhere from around $100 to $300 per tree planted in addition to the cost of the trees, according to ProReferral.com Though you might enjoy your neighbors’ company, some privacy is always nice. To add value to your property, consider planting a tree windscreen. This will not only protect

your home’s exterior, but also shield you from too much company. Be sure to leave enough room for the trees to grow without growing too much into each other. The exact distance between the trees will depend on the type you choose. In general, evergreens work best for this purpose, especially since they likely won’t become barren in winter like other trees. You can buy the trees from a local arborist, a tree nursery or online. If you plant the trees yourself rather than hiring a professional, you’ll likely save hundreds of dollars on the project.

BUILD AN OUTDOOR SPACE, PATIO OR DECK

Estimated cost to DIY: As little as a few cents per paving stone — or $29.99 for a 10-pack of pre-cut interlocking patio tiles from online retailers, though cost can vary depending on material used How much it costs for a professional: From about $2,000 all the way up to $20,000, depending on the space Who doesn’t love to settle down for some quiet time in the great outdoors while staying nice and close to home? Outdoor spaces can expand your total living space without breaking the bank. Instead of paying someone to build a fancy deck or balcony, consider the much cheaper, much more DIY-friendly option of building a patio. Patios serve the same purpose as a deck without requiring the same craftsmanship skills to build. Made of stone or concrete — or even wood panels — laid on the ground, all it takes to create a patio for grilling, chilling and partying is a few paver stones or a few sets of interlocking patio tiles and an afternoon. ■

Mark Hubert joins RE/MAX Properties, Inc. NEWSWIRE

RE/MAX Properties, Inc. is pleased to announce that Mark Hubert has joined the Sane Ray Team. Mark chose RE/MAX Properties, Inc. because of the company’s strong market presence which he feels will give him the best exposure for long term success. RE/MAX Properties, Inc. is excited to see what the future has in store for Mark and warmly welcomes him to the team. Mark Hubert will be working at our North Office, located at 1740

Chapel Hills Dr. RE/MAX Properties, Inc. has been the number one residential real estate brokerage in Colorado Springs since 1989.The company has nearly 200 full-service professional Broker Associates that service all areas of Colorado Springs and surrounding areas in addition to relocation clients worldwide. RE/MAX Properties, Inc. is open seven days a week. More information can be found online at www.HomesColorado.com. ■


Sunday, Sep 18, 2016

The Gazette · springshouses.com

SH 3

How to pay off your mortgage early METRO SERVICES

Becoming a homeowner is a great feeling for many people, but that feeling of elation often dissipates when the first mortgage payment comes due. Although most buyers shouldn’t be surprised at the amount of that first mortgage payment, that first bill can still catch someone off guard. Though the apprehension over mortgage payments may wear off once homeowners get settled, that doesn’t mean homeowners don’t wish they could pay off their homes before those mortgages reach maturity. Though it might seem impossible in those first few months after buying a home, paying a mortgage off early can be accomplished in a variety of ways. Increase what you pay each month. Any type of loan, be it a traditional credit card or a mortgage, will disappear faster when borrowers pay more than the bare minimum. By paying just a little more each month, more of your money is going to the principal on the loan, lowering the amount of interest you will pay over the life of the loan at the same time. For example, a $200,000 30-year mortgage loan at 7 percent interest will cost borrowers $1,330.60 per month (costs may vary depending on taxes), and that loan will be paid off in 30 years. But borrowers who increase their payments by just $50 per month can pay off the loan in 26 years and nine months. What’s more, borrowers who only make the minimum payment each month will have paid $279,017.80 in interest charges over the life of the loan, while those who increase each month’s payment by just $50 will have paid just $242,588.80 in interest over the life of the loan. That means that extra $50 per month saves borrowers $36,249 in interest charges. One thing borrowers must be certain of is that any extra money they send in each month is applied to the loan’s principal, and not just set aside for the next month’s payment. Talk to your lender to verify this, and when doing so, make sure you don’t have to pay any prepayment

penalties if you do, in fact, pay the mortgage off before it reaches full maturity. Such penalties can be significant, but they might be worth paying for the peace of mind of knowing you will be paying your mortgage off several years early. Consider bi-weekly payments. Bi-weekly payments, in which borrowers make halfpayments every two weeks instead of one full payment once per month, are another way to pay your mortgage off early. A typical mortgage agreement has borrowers making payments once per month, meaning they are making 12 annual payments. But a bi-weekly payment system takes advantage of the fact that there are 52 weeks in a year. So by the end of one calendar year, you will have made 26 half-payments, or 13 full payments. Such a payment system enables some borrowers to pay off their 30-year mortgages in as little as 24 years. When looking into bi-weekly payments, consult your lender to determine if there are any penalties to such a system. Some lending institutions charge customers who change their payment structure. In addition, confirm with your lender that each extra payment is going toward the principal and not toward your first payment next year. Refinance your loan. Refinancing to a shorterterm loan often earns borrowers a smaller interest rate, which can offset the higher monthly payments that accompany shorter-term loans. A shorter-term loan means you won’t have mortgage payments hanging over your head for as long as you would on a 30-year mortgage, and it also means you won’t pay nearly as much in interest over the life of the loan. Many homeowners find a 15-year mortgage forces them to be more disciplined. Homeowners who find their 30year monthly mortgage payment is well below their means should consider a shorter-term loan, especially if their 30-year mortgage would penalize them for paying the loan off before it reaches full maturity. ■

Courtesy photo

10th Annual MDA Art Show this Friday NEWSWIRE

You’re invited to the 10th Annual ERA Shields Expressions of Hope Art Show this coming Friday! Over the past nine years, the Art Show has generated more than $266,000 to benefit the Muscular Dystrophy Association (MDA). Please join us and enjoy cocktails, heavy hors d’oeuvres, local art, live music and a silent and live auction. The Art Show supports MDA programs and services, including MDA Summer Camp a special place where barriers don’t exist and kids can develop lifelong friendships, share interests, build self-confidence and develop independence all of which help them live longer and grow stronger. Nearly 75 week-long summer MDA Summer Camps are offered at no cost to families. ■

Friday, September 23 Julie Penrose Hall at St. Paul Church

5:30 p.m. – Registration 6 p.m. – Cocktails, Heavy Hors D’oeuvres and Silent Auction 7 p.m. – Entertainment, Program and Live Auction

Featured Houses Featured Home of the week READY, SET, BUY! RE PR DU IC CEE D

4320 Penhurst Place | $490,000

Neighborhood: Southwest Driving Directions: South on Hwy 115 to Star Ranch Rd. West to Penhurst Place and turn left. Agent/Company: Nancy Syms, 719-338-3547 ERA Shields Real Estate

Elegance and charm in this beautiful home in Penhurst Park. Ready for a new owner that is looking for a 4 Bedroom, 3 Bath & great views! As you enter you will be greeted with a hardwood floor entry which opens up to a stunning living room complete with 20 ft. ceilings, loads of windows for wonderful natural light and an adjacent dining room. As you enter the kitchen, you will find slab granite countertops, 42” cabinets, a counter bar which is adjacent to the comfortable family room. Kitchen also has an eat-in space and a full size pantry. So much more - call for your private showing today!

Featured Home of the Week R DE T UN TRAC N CO

5591 Blue Moon | $315,000

Neighborhood: Wolf Ranch Driving Directions: From Woodmen/Powers – North on Powers, 1st right at Research Pkwy, make left at Tutt (1st round about), first left on Flicka, left on Blue Moon. Home on the left. Agent/Company: Lenka Martin, 719-205-5248, For more info: Lenka@LenkaMartin.com

3 bdrms/3baths/2 car garage/ 2653 total sq ft Ranch plan with finished basement on cul-de-sac. Main level living at its best! Master bed, laundry, second bed or office, two full bathrooms, great room, kitchen & dining nook, outdoor room/covered patio all on one level. Gourmet kitchen with stainless steel appliances, designer cabinets, granite countertops, hardwood floors. Basement has additional bed and bath, rec room, wet bar, game area and additional storage area This home is part of established Wolf Ranch community with many amenities, and part of low maintenance area called Parkwood where HOA maintains front yard landscaping and snow removal. OPEN HOUSE THIS WEEKEND.

More Open Houses Featured Open House Great Home and Great Price for Great Family 1223 Quivira Dr. | $179,900

Hours: Saturday and Sunday, Sept 17 & 18 ~ 12-3pm Neighborhood: Pikes Peak Park Agent/Company: Rick Villa 719-445-2292, Tony Villa 719-650-7264 FSBO, but will pay Realtor 3% fee - Please do not contact me about listing this house. I’ve got a friend that is a real estate broker and will list with him should I need to do so. 4 bedrooms, 2½ bathrooms 1849 sq ft. Large ¼ acre lot on quiet street. Mature landscaping, Fenced backyard, covered patio, Large 10 x 10 tool shed- Lots of storage- New paint inside & out- Open floor plan- New refinished hardwood floors in upstairs bedrooms Furnace less than 3 years old. Refrigerator, stove & built in microwave, Converted Garage for office/bedroom or convert back. Less than 8 minutes from James Irwin Charter School & many other amenities. We have a great neighbor & would prefer not to sell to investor. More info -www.craigslist.org – search for quivira or call or text Rick or Tony.

Featured Open House Featured Open House in Upper Pleasant Valley 824 Crown Ridge Drive | $384,900

Hours: Sat., Sept. 17th, 1 - 4 pm; Sunday, Sept. 18th, 11 - 2pm. Neighborhood: West Driving Directions: Go North on 30th St from Colorado Ave. to King Street. Turn Right on King and go up hill to Crown Ridge. Turn Left onto Crown Ridge and go north for 1/2 mile to 824 on the west side of the street. Agent/Company: Chuck Armstrong, 719-231-3545 Weichert Pikes Peak Group Home Fully remodeled this year. Tri-level; 5 bedrooms, 3 baths, 3,377 sf ; MBR suite is massive with magnificent views of Pikes Peak; flexible floor plan with possibilities of separate living areas;_ many upscale features and hardware; oversized 2-car garage allows for storage or workshop; fenced for pets; shed. Desirable Coronado HS and feeder schools. MUST SEE!

Featured Open House

The Home You Have Been Looking For In A Gated Community! 3730 Chataway Court | $699,000

Hours: Sunday, September 18 ~ 1-3pm Neighborhood: Pine Terrace Driving Directions: Enter Pine Terrace from the Zoo Road behind the Broadmoor Hotel and follow signs. Agent/Company: Ed Veranth, 719-963-4390 The Real Estate Network, Inc

This is a dream home! When you take the first few steps inside and look across the Great Room you will instantly feel this home has been carefully and creatively remodeled to the very highest standards. Crystal Cabinets, new or refinished wood floors, new gas fireplaces with custom steel or marble frames, custom glass and innovative lighting in most rooms even a stainless railing system framing glass treads welcome you to the lower level. The master spa is nothing short of eye candy. 4 Beds, 4 Baths, 4,326 sq. feet.

Open House of the Week 2800+ SF / 3 Bed/3 Bath/Attached 2-Car Garage ONLY 6 RANCH STYLE VILLAS LEFT!

Peak View Villas

5328 Mountain Peak Pt.

1/2 Mile West of Powers on Barnes Rd Model Hours: Thursday - Sunday, 11 - 4:00 or Please Contact Jerry R. Clark RE/MAX Advantage 719-761-0171

From $329,900

Upscale European Ranch Style Homes In Gated, Maintenance Free Community! YOU Choose Your Finish From Standard Upgrades: Granite, Backsplash, Carpet, Tile & Hardwood Flooring! **2-Car Attached Garage, A/C, Gas Fireplace, 2 Skylights, And All Stainless Kitchen Appliances Are INCLUDED! What a Bargain! Our Low $178 HOA Fee Covers All Exterior Maintenance, Lawn & Snow Service, Trash Removal, Building Insurance & Exterior Water! Don’t You Deserve Maintenance Free Living And A Complete Home That’s Guaranteed At Peak View Villas?


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The Gazette · springshouses.com

Sunday, Sep 18, 2016

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Sunday, Sep 18, 2016

Careers The Gazette · springshouses.com

SH 5

What recruiters really wish job seekers knew They want you to get hired as much as you do — help them help you land the right gig BY DOMINIQUE RODGERS  MONSTER.COM

Think of recruiters like a trusted wingman or wingwoman: They want to help you find a new job, but not just any job — a job you’ll love and can see yourself committing to in the long run. Recruiters spend all day trying to make a match for their clients, and it can be tough when people give vague responses, don’t respect their schedule or don’t make an effort to do well in interviews. To help kick-start a fruitful partnership, Monster asked eight recruiters to share what they wish job seekers knew.

history, product, etc., is extremely valuable.” – Frank Zupan, director of talent management with Associated Materials in Cleveland.

you sign on the dotted line.” – John Paul Engel, president of Knowledge Capital Consulting in Sioux City, Iowa.

CULTURE COMPATIBILITY MATTERS

SALARY GUIDELINES AREN’T FINAL

SPECIFIC TRUMPS VAGUE

SUPER-EARLY ISN’T BETTER THAN ON TIME

“Name specific industries, employers and roles. For example, instead of saying, ‘I want to work in government,’ say, ‘I am really excited about health care regulatory issues, and I would be very interested in working in the U.S. Department of Health and Human Services, or one of their agencies, as a policy analyst.’ This gives clarity to recruiters, and they could potentially make introductions based on that description.” – Jason Levin, career and outplacement coach with Ready, Set, Launch in Washington, D.C.

KNOWLEDGE IS POWER

“Job seekers should always know as much as is practical about the company they’re interviewing with. Within the context of an interview, an ability to carry on a conversation that includes relevant business information about revenue, ownership,

“Tell me why you think we’re a good match for you, rather than why you’re a good match for us. Show me you know us.” – Lisa Kaminski, talent engagement director for Ingage Partners in Cincinnati.

“Showing up to an interview too early is almost as bad as being late. By all means, leave home early so you arrive stress-free, but then relax outside. Walk in 15 minutes beforehand. Use the restroom, look at yourself in the mirror and make any adjustments. Check in with the receptionist five minutes before your appointment. It’s stressful for me if I know someone has arrived very early and is looming outside.” – Auggie Negele, chief people officer for HomeScout Realty in Chicago.

IT’S OK TO BE PICKY

“You are interviewing the company as much as the company is interviewing you. Employment is like a marriage: You don’t want to hitch your wagon to just any company. Make sure it feels right before

N I O J OUR ! M A E T

“We have to have the salary conversation, and it’s OK if job seekers have a different number in mind than we do. Have a justification for your salary number and be ready to discuss it, instead of acting like the number is a secret or like you may or may not be offended. The employer is not out to get you.” – Kristina Minyard, corporate recruiter for Dynetics in Huntsville, Alabama.

PATIENCE IS A VIRTUE

“If you call or text me constantly or blow up my email, I will most definitely not call you back. I wait on responses from other people too — I’m not getting back to you because I have no new information to share.” – Erin Stevens, corporate recruiter with MasterBrand Cabinets in Louisville, Kentucky.

REJECTION ISN’T PERSONAL

“As tough as it might be, don’t take ‘no’ personally. A match isn’t a match, and the reason is usually not something you can fix.” – Tammy Colson, owner of TalentCrib in Cleveland. ■

Now Hiring Customer Service Representatives Walk-ins Welcome 9:00am - 4:00pm Monday - Friday

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The Gazette · springshouses.com

Sunday, Sep 18, 2016

Used Cars

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Product Planner Supports Merchandising VP in the analysis, conception, and development of the Colorful Images product line.

• Identifies marketplace trends and translates them into new product ideas • Originates creative and trendy product concepts and provides art direction to in-house design staff • Recommends initial product line based upon analysis • Provides competitive product analysis • Manages product through the development cycle • Negotiates product costs, lead-times, minimum order quantity, and other product details • Passion for creating new product from start to finish in a fast-paced, creative environment • Balance of expertise in analytical and planning areas as well as a creative orientation with proven experience • Strong analytical and computer skills including Excel, Word, Access and Outlook • Excellent communication, analytical and creative problem solving skills • Handle multiple tasks in a deadline oriented environment • Bachelor Degree in Fine Arts, or equivalent work experience.

Email resumes to jday@currentinc.com 1025 East Woodmen Rd Colorado Springs, CO 80920

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Sunday, Sep 18, 2016

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gazette.com/pets GCA Exhibit 7 Black Hills/Colorado Gas Utility Company, LP 2016 GCA Application

If permitted to go into effect on October 1, 2016, as proposed, the tariff revision will increase revenues of the Company by approximately $527,880. Copies of the proposed and present tariffs as filed with the Public Utilities Commission of the State of Colorado are available for inspection at the public offices of Black Hills at 7060 Alegre Street, Fountain, Colorado 80817; or, at the office of the Commission, 1560 Broadway, Suite 250, Denver, Colorado 80202. Customers with questions concerning the proposed or present tariffs may call the Commission at (303) 894-2000; or, may contact Black Hills by telephone at (888) 890-5554 or by email custserv@blackhillscorp.com. In addition, the Company’s proposed and present tariffs may be viewed at www.blackhillsenergy.com and the applicable Colorado statutes and Commission rules may be viewed at www.dora.colorado.gov/puc.

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Any person may file written comments or objections concerning the filing, or may request written notice of any hearing, with the Colorado Public Utilities Commission, 1560 Broadway, Suite 250, Denver, Colorado, 80202 or email address Dora_PUC_website@state.co.us. Requests for written notices can also be made to the Commission by telephone at (303) 894-2000 or, alternatively, by contacting the External Affairs section of the Commission at its local number (303) 894-2070 or toll free number (800) 456-0858. The Commission will consider all written comments and objections submitted prior to the evidentiary hearing on the application. Written objections (protests) must be filed at least one (1) day before the proposed effective date of May 1, 2016. Filing a written objection (protest) by itself will not allow you to participate as a party in any proceeding established in these matters. If you wish to participate as a party in this matter, you must file written intervention documents under Commission Rule 723-1-1401, 4 Colorado Code of Regulations 723-1. The rates, rules, and regulations ultimately authorized by the Commission may or may not be the same as those proposed and may include rates higher or lower than those proposed or currently in effect. The Commission may suspend the proposed tariffs, rates, rules, or regulations. The Commission may hold a hearing to determine which rates, rules, and regulations will be authorized. If a hearing is held, any member of the public may attend the hearing and may make a statement under oath about the proposed tariffs, whether or not he or she has filed an objection or intervention. If the filing is uncontested or unopposed, the Commission may determine the matter without a hearing and without further notice.

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GCA Exhibit 7 Hills/Colorado By: Black Fredric C. Stoffel Gas Utility Company, LP 2016 GCA Application Director, Regulatory Affairs

NOTICE OF FILING FOR RATE INCREASE IN GAS COST ADJUSTMENT ON LESS THAN THIRTY-DAYS’ NOTICE of Black Hills/Colorado Gas Utility Company, LP d/b/a Black Hills Energy You are hereby notified that Black Hills/Colorado Gas Utility Company, LP, d/b/a Black Hills Energy (“Black Hills”), 7060 Alegre Street Fountain, Colorado 80817, has filed with the Public Utilities Commission of the State of Colorado (“Commission”), in accordance with the Public Utilities Law, an application for permission to increase rates in its Colorado service areas on less than 30 days’ notice. The change will affect all of Black Hills’ customers. The rate increase will become effective with the volumes taken on and after October 1, 2016, if said application is granted by the Commission. The purpose of the filing is to reset the Gas Cost Adjustment (“GCA”) factor to reflect an increase in upstream demand and gas commodity costs, and to adjust the deferred gas cost.

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The present and proposed GCA rates for service, as filed with the Commission, as well as the percent change, are detailed in the table below: Tariff Sheet 6 7 8 9 10 11 12

Rate Schedule Residential Sm Commercial Sm Vol Firm Sm Vol Interrupt Lg Vol Firm Lg Vol Interrupt Irrigation

Current GCA $/Therm 0.37442 0.37442 0.37442 0.20059 0.37442 0.20059 0.20059

Proposed GCA $/Therm 0.43672 0.43672 0.43672 0.23550 0.43672 0.23550 0.23550

Change $/Therm 0.06230 0.06230 0.06230 0.03491 0.06230 0.03491 0.03491

Percent Change % 16.64% 16.64% 16.64% 17.40% 16.64% 17.40% 17.40%

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A comparison of last year’s average annual bill under prior rates and the projected average annual bill under proposed rates, as well as a comparison of the prior year’s peak winter month bill under prior rates and the projected peak winter month bill under proposed rates for each customer class is detailed in the following table: Current Average Annual Bill Residential Sm Commercial Sm Vol Firm Sm Vol Interrupt Lag Vol Firm Lg Vol Interrupt Irrigation

Percent Change

$616 $1,031 $7,075 $5,276

Proposed Average Annual Bill $674 $1,118 $7,771 $5,679

Proposed Peak Winter Month $84 $143 $880 $558

Percent Change

9.30% 8.40% 9.83% 7.65%

Current Peak Winter Month $74 $125 $769 $490

$50,434 $88,669

$56,217 $97,740

11.47% 10.23%

$4,902 $8,896

$5,661 $10,385

15.49% 16.74%

$4,871

$5,379

10.44%

$36

$37

2.81%

14.18% 13.93% 14.43% 13.79%

Published in Colorado Springs Gazette September 18, 2016

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*Based on projected average customer usage, actual amount could vary according to actual usage by customer.


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The Gazette · springshouses.com

Sunday, Sep 18, 2016


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