HB 25-1177: Utility Economic Development Rate Tariff Adjustments

Official summary

Abstract published by the legislature (via Open States). Text as published by the legislature; reproduced verbatim.

Under current law, an investor-owned electric utility (utility) may apply to the public utilities commission (commission) for approval to charge certain commercial or industrial customers of the utility an economic development rate (economic development rate), which is a reduced rate offered to a commercial or industrial customer that locates or expands their operations in Colorado, that adds at least 3 megawatts of new load at a single location within the utility's service territory, and that demonstrates certain other requirements to the satisfaction of the utility (qualifying commercial or industrial customer). The act makes adjustments to the requirements for an economic development rate by: Requiring that an approved economic development rate not increase costs of electric service for other customers; Clarifying that an approved economic development rate does not relieve a utility of its obligation to achieve compliance with greenhouse gas emission reduction requirements; Authorizing a utility to apply to the commission for an expansion of the maximum duration of the economic development rate from 10 years to 25 years; Expanding the maximum load at a single location of a qualifying commercial or industrial customer for an individual project that does not require commission approval from 20 megawatts to 40 megawatts; and Updating the application process required for seeking approval of an economic development rate by requiring that the commission: Approve or deny an application within 120 days after a notice period of 14 business days after the application was filed; except that, if the load is more than 150 megawatts, the commission shall approve or deny the application within 210 days after the notice period; and Consider the broader economic benefits associated with the application for other classes of utility customers and for the surrounding community.(Note: This summary applies to this bill as enacted.)

Sponsors

Sponsors by party (alphabetical): Democratic 5 · Republican 2

“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.

Recent official actions

1. May 19, 2025Governor Signed
2. May 6, 2025Signed by the Speaker of the House
3. May 6, 2025Signed by the President of the Senate
4. May 6, 2025Sent to the Governor
5. April 28, 2025Senate Third Reading Passed - No Amendments
6. April 25, 2025Senate Second Reading Special Order - Passed - No Amendments
7. April 23, 2025Senate Committee on Transportation & Energy Refer Unamended - Consent Calendar to Senate Committee of the Whole
8. April 7, 2025Introduced In Senate - Assigned to Transportation & Energy
9. April 3, 2025House Third Reading Passed - No Amendments
10. April 2, 2025House Second Reading Special Order - Passed with Amendments - Committee, Floor
11. March 25, 2025House Second Reading Laid Over Daily - No Amendments
12. March 20, 2025House Committee on Energy & Environment Refer Amended to House Committee of the Whole

Showing 12 most recent of 13 actions. Full history