CO HB1121

Establishes a "Utility Ratepayers' Bill of Rights" as part of Colorado's renewable energy standards statute, to be cited as part of section 40-2-124(1)(c)(I)(E).

Requires investor-owned utilities to prioritize consumer interests alongside shareholder interests and recognize that utilities exist for the benefit of consumers as well as shareholders.

Mandates utilities provide rate increase information to the public in transparent and understandable form, including specific cost impacts to individual customers in addition to hypothetical average customer impacts.

Prohibits utilities from charging ratepayers for research and development costs or for compliance with environmental regulations not yet imposed.

Prohibits utilities from recovering their legal fees and costs incurred in seeking rate increases from ratepayers.

Allows the Public Utilities Commission to suspend implementation of the 30 percent renewable energy standard for up to 10 years if achieving the standard would create an undue financial burden on ratepayers.