692AFB235D2ECD788725868600719899 Hearing Summary

Senators Hansen and Hisey introduced Senate Bill 21-020. The bill requires clean energy resources, energy storage facilities, and solar facilities with a generation capacity of under 2 megawatts to be valued for property tax purposes using the “income approach” rather than the “cost approach” beginning January 1, 2021.

Sens. Hansen and Hisey answered several committee questions.

Gini Pingenot, representing Colorado Counties, Inc, testified to amend the bill.

John Dailey, representing NextEra Energy Resources, testified in support of the bill.

Mike Kruger, representing Colorado Solar & Storage Association, testified in support of the bill.

Daniel Merkle, representing Pivot Energy, testified in support of the bill.

Roy Skinner, representing Candela Renewables, testified in support of the bill.

Emilie Olson, representing Advanced Energy Economy, testified in support of the bill.

Mark Detsky, representing Colorado Independent Energy Association, testified in support of the bill.

Rikki Seguin, representing Interwest Energy Alliance, testified in support of the bill.

Kevin Cray, representing Coalition for Community Solar Access (CCSA), testified in support of the bill.

Sens. Hansen and Hisey offered some closing comments.