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CO HB1102

Bill

Official Source

Status

Introduced

1/19/2012

Primary Sponsor

Lois Tochtrop

Click for details

Origin

House of Representatives

2012 Regular Session

AI Summary

  • Establishes a maximum retail rate impact of 1% of each customer's annual total base rate electric bill for costs related to the Clean Air - Clean Jobs Act, effective from 2013 through 2023
  • Applies to rate-regulated electric utilities implementing emission reduction plans from coal-fired power plants
  • Directs the Public Utilities Commission to enforce the 1% cap on rate increases
  • Subsection repeals automatically on July 1, 2024
  • Takes effect 90 days after final adjournment of the general assembly, subject to referendum petition provisions

Legislative Description

Cap Clean Air Clean Jobs Electricity Rate Impact

Last Action

House Committee on Transportation Postpone Indefinitely

2/15/2012

Committee Referrals

Transportation1/19/2012

Full Bill Text

No bill text available