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CO SB272

Bill

Status

Passed

6/10/2021

Primary Sponsor

Steve Fenberg

Click for details

Origin

Senate

2021 Regular Session

AI Summary

SB21-272 Summary

  • Allocates up to $250,000 annually from the Public Utilities Commission fixed utility fund for contracts with independent subject-matter experts, adjusted annually for inflation.

  • Requires intervenors in PUC proceedings to disclose financial relationships, corporate affiliations, and funding received from regulated utilities within the preceding 24 months, with all disclosures published on the commission's website.

  • Directs the PUC to consider equity impacts on disproportionately impacted communities and low-income customers in all regulatory decisions, including requiring at least 40% of renewable energy expenditures to benefit these populations through January 31, 2028.

  • Modifies utility fee caps by increasing the maximum fee for telephone corporations from one-fifth to two-fifths of one percent and for other utilities from one-quarter to forty-five one-hundredths of one percent of gross intrastate utility operating revenues.

  • Authorizes the PUC to require investor-owned utilities planning facility retirements to present net present value analyses comparing scenarios with and without Colorado Energy Impact Bonds as financing options.

Legislative Description

Measures To Modernize The Public Utilities Commission

State Government

Last Action

Governor Signed

6/10/2021

Committee Referrals

Committee of the Whole6/4/2021
Finance6/3/2021
State, Civic, Military and Veterans Affairs6/1/2021
Committee of the Whole5/28/2021
Finance5/25/2021
Transportation & Energy5/14/2021

Full Bill Text

No bill text available