As used in this article 42, unless the context otherwise requires:
- “Acquire” means to obtain eligible facilities by lease, construction, reconstruction, purchase, or, as authorized by section 40-42-104 (1)(p) and subject to the requirements of articles 1 to 7 of title 38, the exercise of the power of eminent domain.
- “Authority” means the Colorado electric transmission authority created in section 40-42-103.
- “Board” means the board of directors of the authority.
- “Bonds” means electric transmission bonds issued as authorized by this article 42 and includes notes, warrants, bonds, temporary bonds, and anticipation notes issued by the authority.
- “Commission” means the public utilities commission created in section 40-2-101.
- “Electric transmission authority operational fund” or “operational fund” means the fund created in section 40-42-106.
- “Electric transmission bonding fund” or “bonding fund” means the fund created in section 40-42-105 (3).
- “Electric utility” means an entity operating for the purpose of supplying or transmitting electricity to the public for domestic, mechanical, or public uses and includes a municipally owned utility, a transmission utility, as defined in section 40-5-108 (1)(b), a cooperative electric association, a wholesale electric cooperative, as defined in section 40-2-136 (3)(c), a nonprofit electric corporation or association, and every other vertically integrated supplier of electric energy supplying electric energy for its customers or for the use of its own members.
- “Eligible facilities” means facilities that are financed or acquired by the authority.
- “Facilities” means electric transmission facilities and all related structures, properties, and supporting infrastructure, including any interests therein. The term does not include interconnection facilities from an electric generator, or from a storage project that is used for electric generation, to a facility.
- “FERC” means the federal energy regulatory commission.
- “Finance” or “financing” means the lending of bond proceeds by the authority to a public utility or other private person for the purpose of planning, acquiring, operating, and maintaining eligible facilities in whole or in part by the public utility or other private person.
- “Local government” means a county, home rule or statutory city, town, territorial charter city, or city and county.
- “Project” means an undertaking by the authority to finance or to plan, acquire, maintain, and operate eligible facilities located partly or entirely within Colorado.
- “Storage” has the same meaning as “energy storage system”as defined in section 40-2-202 (2).
Source: L. 2021: Entire article added, (SB 21-072), ch. 329, p. 2114, § 4, effective June 24.