s_fin_2017a_2017-05-04t10:38:47z6 Hearing Summary

Date: 05/04/2017

Location: SCR 357

12:13 PM -- HB17-1227



Senators Priola and Fenberg, co-prime sponsors, presented House Bill 17-1227. To promote demand-side management, the Colorado Public Utilities Commission was required in 2007 to establish goals for Colorado investor-owned electric utilities to achieve by 2018 a 5 percent reduction relative to 2006 levels in the utility's retail system peak demand, measured in megawatts; and retail energy sales, measured in megawatt-hours. This bill extends these demand-side management programs to 2028. The bill also requires the PUC to set new goals for demand-side management programs implemented between 2019 and 2028 of a 5 percent reduction in peak demand and energy sales relative to 2018 levels. The PUC has the discretion to establish interim goals or revise goals. Senators Priola and Fenberg responded to committee questions. Senator Fenberg distributed two letters of support (Attachments D and E).



17SenateFin0504AttachD.pdf 17SenateFin0504AttachE.pdf



12:34 PM -- William Yeatman, representing the Independence Institute, testified in opposition to the bill.



12:36 PM -- Michael Sandoval, representing the Independence Institute, testified in opposition to the bill and responded to committee questions.





12:43 PM



Mr. Yeatman and Senator Fenberg responded to committee questions.





12:46 PM



Senators Priola and Fenberg made closing remarks on the bill.





12:51 PM



Senator Tate discussed amendments L.001 and L.002 (Attachments F and G). Senator Neville discussed amendments L.003, L.004, and L.005 (Attachments H, I, and J). The committee discussed the amendments.



17SenateFin0504AttachF.pdf 17SenateFin0504AttachG.pdf



17SenateFin0504AttachH.pdf 17SenateFin0504AttachI.pdf



17SenateFin0504AttachJ.pdf