CO HB1138

Amends Colorado's renewable energy standard to include hydroelectricity and pumped hydroelectricity as eligible energy resources.

Defines "hydroelectricity" as generation and delivery of electrical or mechanical energy by harnessing the kinetic energy of water.

Defines "pumped hydroelectricity" as hydroelectricity generated during high-demand periods from water pumped during low-demand periods between lower-elevation and higher-elevation reservoirs.

Removes previous restrictions limiting new hydroelectricity to 10 megawatts or less and existing hydroelectricity (as of January 1, 2005) to 30 megawatts or less.

Takes effect August 6, 2014, or following voter approval at the November 2014 general election if a referendum petition is filed.