Public Utilities Commission Electric Utilities Economic Development Rates
It became law on Jun 1, 2018.
- Stage
- Became law
- Started in
- House
- Sponsors
- 3
- Latest action
- Jun 1, 2018
What it does
The bill allows the public utilities commission to approve, and electric utilities to charge, economic development rates, which are lower rates for commercial and industrial users who locate or expand their operations in Colorado so as to increase the demand by at least 3 megawatts. To qualify for the economic development rates, these users must demonstrate that the cost of electricity is a critical consideration in their decision where to locate or expand their business and that the availability of lower rates is a substantial factor. The rates may be offered for up to 10 years. The bill also authorizes the expansion of a voluntary renewable energy program or service offering as necessary…
Where it stands
This bill passed and is now law.
Introduced (Done)
Committee (Done)
Floor (Done)
Law (Done)
What moved
Who is involved
Sponsors
The lawmakers who put their names on it, lead sponsors first.
In the news
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Where it goes next
Once a bill is decided, the questions are about what is done with it in Colorado.