A5A1F16C61EE51EF872583E0007517EA Hearing Summary

Senator Donovan, co-prime sponsor, presented House Bill 19-1037, which allows a utility to apply to the Public Utilities Commission for a financing order authorizing it to issue securitized utility ratepayer-backed bonds when closing an electric generating facility.

Stephen Pomerance, representing himself, testified in opposition to the bill and distributed a copy of his testimony (Attachment D).

Dianna Orf, representing the Colorado Mining Association, testified in opposition to the bill.

Richard Orf, representing the Associated Governments of Northwest Colorado, testified in opposition to the bill.

Mr. Pomerance, Ms. Orf, and Mr. Orf responded to committee questions.

Bill Levis, representing AARP, testified in opposition to the bill and distributed a handout to the committee (Attachment E).

Britton Naas, representing the Coalition of Ratepayers, testified in opposition to the bill.

Emily Gedeow, representing the Sierra Club, testified in support of the bill.

Elizabeth Smith, representing herself, testified in support of the bill.

Sam Gilchrist, representing the Natural Resources Defense Council, testified in support of the bill.

Ms. Tormoeu Hicky responded to committee questions.

Michelle King, representing Colorado Energy Consumers, testified in support of the bill.

Matt Larson, representing Xcel Energy, testified on the bill.

Jason Hopfer, representing Pueblo County, testified on the bill and responded to committee questions.