Agribusiness  February 6, 2015

Water prices reach historic highs

From left, Denny Hodgson, Dave Martin and Dennis Baker of Northern Water work to repair a turbine at the Robert V. Trout Hydropower Plant at Carter Lake in Berthoud. The lake and most other Front Range water storage facilities are at or near capacity, even while water prices hit historic highs. February 2015.
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Rate increases come despite the Colorado-Big Thompson project’s abundant supply of H2O

BERTHOUD — Prices of Colorado-Big Thompson water have reached an all-time high, selling for nearly three times more than just two years ago.

Shares of the water went for more than $26,000 apiece at an auction Jan. 23, according to Berthoud-based Northern Colorado Water Conservancy District, the equivalent of $52,000 an acre foot. An acre foot equals 326,000 gallons, enough water to serve 2.5 households annually.

The water was bought for industrial and municipal uses, said Brian Werner, spokesman for the district. The…

Steve Lynn
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