§ 40-42-107. Labor Standards – Apprenticeship – Supervision
The authority shall ensure that, in any construction, expansion, or maintenance of facilities undertaken in Colorado pursuant to this article 42, all labor is performed either by the employees of an electric utility or by qualified contractors, or both, and that, except as otherwise provided in subsection (3) of this section, an electric utility not […]
§ 40-42-108. Report to General Assembly
Commencing in 2022, the authority shall submit a report of its activities to the energy and environment committee of the house of representatives and the transportation and energy committee of the senate, or any successor committees, not later than December 1 of each year. The report shall set forth a complete operating and financial statement […]
§ 40-41-104. Issuance of Financing Orders
Following notice and hearing on an application for a financing order as required by the commission’s rules, practice, and procedure, the commission may issue a financing order if the commission finds that: The CO-EI costs described in the application related to the retirement of the electric generating facilities are reasonable; The proposed issuance of CO-EI […]
§ 40-42-104. General and Specific Powers and Duties of the Authority
Except as otherwise limited by this article 42, the authority, acting through the board, has the power to: Hold and exercise all rights, duties, privileges, immunities, liabilities, and disabilities of a body corporate and a political subdivision of the state; Have an official seal and alter the seal at the board’s pleasure; Establish reasonable administrative […]
§ 40-41-105. Effect of Financing Order
A financing order remains in effect until the CO-EI bonds issued as authorized by the financing order have been paid in full and all financing costs relating to the CO-EI bonds have been paid in full. A financing order remains in effect and unabated notwithstanding the bankruptcy, reorganization, or insolvency of the electric utility to […]
§ 40-42-105. Electric Transmission Bonds – Conditions of Issuance – Electric Transmission Bonding Fund Creation – Auditor Examination – Payment From Bonding Fund – Exemption From Taxation
The authority may issue and sell electric transmission bonds, payable solely from the electric transmission bonding fund, in compliance with this article 42 for the purpose of entering into a project when the authority determines that the project is needed. This article 42 is, without reference to any other law, full authority for the issuance […]
§ 40-41-106. Effect on Commission Jurisdiction – Rules
Except as otherwise provided in subsection (2) of this section, if the commission issues a financing order to an electric utility, the commission shall not, in exercising its powers and carrying out its duties pursuant to this article 41: Consider the CO-EI bonds issued pursuant to the financing order to be debt of the electric […]
§ 40-42-106. Electric Transmission Authority Operational Fund – Creation
The electric transmission authority operational fund is created in the authority. The operational fund consists of money transferred to the operational fund pursuant to section 40-42-105 (4), any other money that the authority may transfer to the operational fund, and interest and income derived from the deposit and investment of money in the operational fund. […]
§ 40-41-107. Electric Utility Customer Protection
In addition to any other authority of the commission: The commission may attach such conditions to the approval of a financing order as the commission deems appropriate to maximize the benefits and minimize the risks of the transaction to customers, directly impacted Colorado workers and communities, and the electric utility; The commission shall specify in […]
§ 40-41-108. Judicial Review of Financing Orders
A financing order is a final order of the commission. Notwithstanding section 40-6-115 (5) specifying proper venue for petition filings, a party aggrieved by the issuance of a financing order may petition for suspension and review of the financing order only in the district court for the city and county of Denver. In the case […]