From the Loveland Reporter-Herald (Pamela Dickman):
The regional water provider, which distributes all Colorado-Big Thompson Water, sold 25,000 acre-feet of water — roughly enough for 50,000 urban households — on Friday because reservoir levels were high enough. The sealed bids brought in $644,142 for the cities and districts that had excess water beyond what they can carry over. The price paid for the water differs among bidders, but the weighted average is $25.77 per acre-foot with the lowest bid at $11.13 per acre-foot and the highest $40…
Even with the sale, there will be plenty of water stored to handle farmers’, cities’ and districts’ needs this spring and summer, said Brian Werner, spokesman for Northern Water.
“We’ve got a good savings account going with storage,” he said.
All the reservoirs that store Colorado Big-Thompson water, including Carter Lake and Horsetooth Reservoir, are sitting at a combined 75 percent of capacity, which is 125 percent of the average amount of water in storage, according to Werner.
More Colorado-Big Thompson coverage here.