4 Colo. Code Regs. § 723-3-3535
Current through Register Vol. 47, No. 11, June 10, 2024
Section 4 CCR 723-3-3535 - NWA Cost Benefit Analysis(a) In order to assess the cost-effectiveness of a potential NWA solution that meets the NWA Suitability Screening in rule 3534, the utility shall: (I) develop and publish a cost benefit methodology that will be provided in the utility's DSP;(II) assess the proposed NWA solution using a cost-benefit methodology that considers the approach as put forward in the National Standard Practice Manual and specifically including the following costs and benefits: avoided or deferred costs associated with an NWA solution, sub-transmission, substation transformer additions or upgrades, feeder capital and operating costs, distribution power quality equipment, reliability and resiliency costs, energy and capacity value of generation, capacity value of storage, greenhouse gas emissions including the Commission approved social cost of carbon useful life of NWA and traditional solutions, and dispatchability and availability of the technology. If the utility is proposing a performance incentive as part of cost recovery for the NWA pursuant to paragraph 3538(d), it shall include the cost-benefit analysis both with and without the performance incentive included as a cost of the project;(III) provide a description of DSP goals, compliance with statute, rules, and requirements, and additional relevant principles; and(IV) assess the proposed distribution system costs, direct system benefits, indirect system benefits, and system sensitivity analysis.(b) The utility may also propose an alternative or adjusted cost-benefit methodology if it does not believe that the full costs and benefits of the NWA solution are being counted.38 CR 17, September 10, 2015, effective 9/30/201539 CR 06, March 25, 2016, effective 4/14/201639 CR 08, April 25, 2016, effective 5/15/201640 CR 22, November 25, 2017, effective 12/15/201742 CR 03, February 10, 2019, effective 3/2/201942 CR 07, April 10, 2019, effective 4/30/201942 CR 09, May 10, 2019, effective 5/30/201943 CR 08, April 25, 2020, effective 5/15/202043 CR 12, June 25, 2020, effective 7/15/202043 CR 20, October 25, 2020, effective 11/14/202044 CR 13, July 10, 2021, effective 7/30/202144 CR 24, December 25, 2021, effective 1/14/202245 CR 18, September 25, 2022, effective 10/15/202246 CR 02, January 25, 2023, effective 2/14/2023