Colo. Rev. Stat. § 40-2-134

Current through 11/5/2024 election
Section 40-2-134 - Wholesale electric cooperatives - electric resource planning - definition - rules
(1)
(a) The commission shall promulgate rules that require each wholesale electric cooperative to submit to the commission an application for approval of an integrated or electric resource plan. The commission shall evaluate a wholesale electric cooperative plan using rules that the commission has adopted that are applicable to wholesale electric cooperatives.
(b) In developing rules for a wholesale electric cooperative, the commission must consider, among other factors determined by the commission, whether each wholesale electric cooperative:
(I) Serves a multistate operational jurisdiction;
(II) Has a not-for-profit ownership structure; and
(III) Has a resource plan that meets the energy policy goals of the state.
(2) As used in this section, "wholesale electric cooperative" means any generation and transmission cooperative electric association that provides wholesale electric service directly to cooperative electric associations.

C.R.S. § 40-2-134

Added by 2019 Ch. 359,§ 8, eff. 5/30/2019.
L. 2019: Entire section added, (SB 19-236), ch. 3304, p. 3304, § 8, effective May 30.

Section 31 of chapter 359 (SB 19-236), Session Laws of Colorado 2019, provides that the act adding this section applies to conduct, including power purchase agreements entered into and utility rate-based property development, occurring on or after May 30, 2019.