Second Regular Session Sixty-ninth General Assembly STATE OF COLORADO INTRODUCED LLS NO. 14-0613.01 Duane Gall x4335 HOUSE BILL 14-1067 HOUSE SPONSORSHIP Conti, SENATE SPONSORSHIP Crowder, House Committees Senate Committees Transportation & Energy A BILL FOR AN ACT Concerning a revision in the target date to achieve the renewable component of the energy generation portfolio of cooperative electric associations under Colorado's renewable energy standard. Bill Summary (Note: This summary applies to this bill as introduced and does not reflect any amendments that may be subsequently adopted. If this bill passes third reading in the house of introduction, a bill summary that applies to the reengrossed version of this bill will be available at http://www.leg.state.co.us/billsummaries.) The bill changes the target date to achieve the renewable component of the energy generation portfolio of retail cooperative electric associations serving 100,000 or more customers, and qualifying wholesale utilities, which date was established in S.B. 13-252, from 2020 to 2025. Be it enacted by the General Assembly of the State of Colorado: SECTION 1. In Colorado Revised Statutes, 40-2-124, amend (1) (c) (V.5), (8) (b), (8) (g) (II), and (8) (g) (III) as follows: 40-2-124. Renewable energy standards - qualifying retail and wholesale utilities - definitions - net metering - legislative declaration. (1) Each provider of retail electric service in the state of Colorado, other than municipally owned utilities that serve forty thousand customers or fewer, is a qualifying retail utility. Each qualifying retail utility, with the exception of cooperative electric associations that have voted to exempt themselves from commission jurisdiction pursuant to section 40-9.5-104 and municipally owned utilities, is subject to the rules established under this article by the commission. No additional regulatory authority is provided to the commission other than that specifically contained in this section. In accordance with article 4 of title 24, C.R.S., the commission shall revise or clarify existing rules to establish the following: (c) Electric resource standards: (V.5) Notwithstanding any other provision of law, each cooperative electric association that provides electricity at retail to its customers and serves one hundred thousand or more meters shall generate or cause to be generated at least twenty percent of the energy it provides to its customers from eligible energy resources in the years 2020 2025 and thereafter. (8) Qualifying wholesale utilities - definition - electric resource standard - tradable credits - reports. (b) Electric resource standard. Notwithstanding any other provision of law, each qualifying wholesale utility shall generate, or cause to be generated, at least twenty percent of the energy it provides to its Colorado members at wholesale from eligible energy resources in the year 2020 2025 and thereafter. If, and to the extent that, the purchase of energy generated from eligible energy resources by a Colorado member from a qualifying wholesale utility would cause an increase in rates for the Colorado member that exceeds the retail rate impact limitation in sub-subparagraph (A) of subparagraph (IV) of paragraph (g) of subsection (1) of this section, the obligation imposed on the qualifying wholesale utility is reduced by the amount of such energy necessary to enable the Colorado member to comply with the rate impact limitation. (g) Reports. Each qualifying wholesale utility shall submit an annual report to the commission no later than June 1, 2014, and June 1 of each year thereafter. In addition, the qualifying wholesale utility shall post an electronic copy of each report on its web site and shall provide the commission with an electronic copy of the report. In each report, the qualifying wholesale utility shall: (II) In the years before 2020 2025, describe whether it is making sufficient progress toward meeting the standard in 2020 2025 or is likely to meet the 2020 2025 standard early. If it is not making sufficient progress toward meeting the standard in 2020 2025, it shall explain why and shall indicate the steps it intends to take to increase the pace of progress; and (III) In 2020 2025 and thereafter, describe whether it has achieved compliance with the electric resource standard established in this subsection (8) and whether it anticipates continuing to do so. If it has not achieved such compliance or does not anticipate continuing to do so, it shall explain why and shall indicate the steps it intends to take to meet the standard and by what date. SECTION 2. Safety clause. The general assembly hereby finds, determines, and declares that this act is necessary for the immediate preservation of the public peace, health, and safety.