HB-1107 REAs Energy Efficiency (Levy/no sponsor)

Posted on January 28, 2008 in Colorado Legislation

Background: Directs cooperative electric associations and municipal utilities serving 5,000 or more customers to engage in conservation and energy efficiency programs and to devote funding equal to 1% of sales revenue in their first year, and 2% in their second and subsequent years, to such efforts. Exempts a utility from the spending requirement in any year in which the utility's retail electricity sales, in megawatt-hours, fall at least 3% below its sales for the immediately preceding year. Requires periodic reports from the utilities to the governor's energy office. Specifies that this act does not extend PUC authority. Makes conforming amendments.
Most Recent Action: 3/26 killed in Senate State Affairs committee
Position: Monitor