, 23 tweets, 3 min read Read on Twitter
Hey #energytwitter and other assorted nerds! The CO legislative session ends today and there have been a TON of big climate & utility bills you might be interested in. Here, let me tell you about them. 1/x
So, first there’s HB 1261, which establishes science-based, economy-wide GHG reduction targets for Colorado: 26% by 2025, 50% by 2030, and 90% by 2050 (from a 2005 baseline). Our state air regulators are tasked with developing implementing rules. 2/
Then there’s the “PUC Sunset” bill, SB 236. This one is big and has a lot of elements. Let’s hit the highlights. (It just passed today!) 3/
1. Requires use of social cost of carbon in PUC decision making, including resource planning, DSM planning, beneficial electrification applications. 4/
2. Removes an existing provision that allowed utilities to own & rate base up to 50% of renewable resources without competitive bidding. 5/
3. Codifies Xcel’s 80% CO2 reduction by 2030 commitment, and establishes a process for consideration of implementing a "clean energy plan" at the PUC using the existing ERP process. 6/
4. Requires the PUC to adopt rules governing resource planning by G&T coops, like Tri-State. (Psssst… this is BIG!!) 7/
5. Requires PUC to adopt distribution system planning rules. 8/
6. Strengthens consideration of “best value employment metrics” in resource acquisition decisions. 9/
7. Directs the PUC to conduct an investigation into performance-based regulation. 10/
8. Allows for use of “securitization” as a tool to reduce the costs of undepreciated capital balances in retiring generating units. 11/
OK, whew, that’s all just the Sunset Bill! (And not even all of the Sunset Bill!) 12/
HB 1314 creates a state Just Transition Office to manage impacts of the energy transition on workers and communities that currently host fossil fuel resources. 13/
HB 1003 amends our community solar garden statute and removes some existing restrictions. 14/
HB 1231 updates our appliance energy efficiency standards to among the best in the country – right up there with CA, VT and WA. 15/
HB 1260 strengthens energy efficiency standards for municipal building codes. 16/
SB 96 improves the GHG data collection and inventory performed by our air regulators. 17/
And, finally, SB 77 directs utilities to submit transportation electrification plans to the PUC for review and removes an existing prohibition against utility investment in EV chargers. 18/
I’m probably missing some! 19/
This has been a transformative session for clean energy and climate policy in Colorado, thanks to so many legislative champs and hard-working advocates. 20/
To see my state taking big action on climate and clean energy feels, well, excellent. 21/
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