Colo. Rev. Stat. § 40-2-137

Current through Acts effective through 6/7/2024 of the 2024 Legislative Session
Section 40-2-137 - Investor-owned utility electric resource planning - retirement of electric generating facility - commission to consider securitization as means of financing
(1) For each investor-owned electric utility that submits for commission approval an electric resource plan that includes a portfolio in which an existing electric generating facility in the state would be retired, the commission shall require the investor-owned electric utility to present as part of the resource plan the net present value of revenue requirements for the portfolio based on:
(a) A projection in which the investor-owned electric utility issues CO-EI bonds, as defined in section 40-41-102(5), to recover, finance, or refinance costs arising from the retirement of the electric generating facility pursuant to the "Colorado Energy Impact Bond Act", article 41 of this title 40; and
(b) A projection in which the investor-owned electric utility does not issue CO-EI bonds.
(2) The commission shall consider the two net present value of revenue requirement options presented by the investor-owned electric utility in its review of the investor-owned electric utility's electric resource plan.

C.R.S. § 40-2-137

Added by 2021 Ch. 220,§7, eff. 6/10/2021.

Section 14 of chapter 220 (SB 21-272), Session Laws of Colorado 2021, provides that the act adding this section applies to conduct occurring on or after June 10, 2021.