NOTE: The governor signed this measure on 5/29/2015.
      
      
      SENATE BILL 15-254
      
      
      BY SENATOR(S) Grantham, Baumgardner, Merrifield, Scott, Guzman,
      Heath, Kefalas, Todd;
      also REPRESENTATIVE(S) Lee, Klingenschmitt, Landgraf, Lundeen,
      Mitsch Bush, Nordberg, Singer, Tate, Becker K., Conti, Court, Fields,
      Hamner, Joshi, Lawrence, Lontine, Pettersen, Priola, Salazar, Vigil,
      Williams, Windholz, Winter, Young.
      
      
      Concerning an extension of the period during which certain
           incentives are available for municipally owned utilities to
           obtain additional renewable energy credits based on the
           installation of solar electric generation technologies.
       
      
      Be it enacted by the General Assembly of the State of Colorado:
      
           SECTION 1.  In Colorado Revised Statutes, 40-2-124, amend (1)
      (c) (VII) 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:
      
           (VII) (A)  For purposes of compliance with the standards set forth
      in subparagraphs (V) and (V.5) of this paragraph (c), each kilowatt-hour of
      renewable electricity generated from solar electric generation technologies
      shall be counted as three kilowatt-hours.
      
           (B)  For each qualifying retail utility that is a cooperative
      electric association, sub-subparagraph (A) of this subparagraph (VII)
      applies only to solar electric technologies that begin producing electricity
      prior to July 1, 2015, and for solar electric technologies that begin
      producing electricity on or after July 1, 2015, each kilowatt-hour of
      renewable electricity shall be counted as one kilowatt-hour for purposes of
      compliance with the renewable energy standard.
      
           (C)  For each qualifying retail utility that is a municipally
      owned utility, sub-subparagraph (A) of this subparagraph (VII)
      applies only to solar electric technologies that are under
      contract for development prior to August 1, 2015, and begin
      producing electricity prior to December 31, 2016, and for solar
      electric technologies that are not under contract for
      development prior to August 1, 2015, and begin producing
      electricity on or after December 31, 2016, each kilowatt-hour of
      renewable electricity shall be counted as one kilowatt-hour for
      purposes of compliance with the renewable energy standard.
      
           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.
      
      
      
      
      ____________________________  ____________________________
      Bill L. Cadman                Dickey Lee Hullinghorst
      PRESIDENT OF                     SPEAKER OF THE HOUSE
      THE SENATE                         OF REPRESENTATIVES
      
      
      
      
      
      
      ____________________________  ____________________________
      Cindi L. Markwell                      Marilyn Eddins
      SECRETARY OF                 CHIEF CLERK OF THE HOUSE
      THE SENATE                         OF REPRESENTATIVES
      
      
      
      
                  APPROVED________________________________________
      
      
      
      
      
                                    _________________________________________
                                    John W. Hickenlooper
                                    GOVERNOR OF THE STATE OF COLORADO