Loading chat...
CO SB272
Bill
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