House Bill 21-1131 Summary

• Establishes governance and transparency requirements for Colorado cooperative electric associations, including public meetings, document posting, and election procedures.

• Requires associations to post current rates, net metering requirements, and financial audits (last three fiscal years) on their websites and make them available to members upon request.

• Mandates election policies be posted on websites and provided to members at signup, including information on voting eligibility for joint memberships and ballot procedures; requires election information communicated to members at least two months before petitions are due.

• Authorizes associations to conduct elections and member meetings by mail or secure electronic means if approved in bylaws, and permits directors to participate electronically in board meetings with member comment opportunity.

• Requires boards to adopt written policies on director compensation and conflict-of-interest disclosure procedures, with special provisions allowing directors serving on both distribution and generation-transmission association boards to owe fiduciary duties to both without priority conflict.