§ 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 […]
§ 40-41-106. 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 […]
§ 40-41-109. Electric Utilities – Duties – Rate Impact Notice to Customers
The electric bills of an electric utility that has obtained a financing order and caused CO-EI bonds to be issued: Must explicitly reflect that a portion of the charges on the bill represents CO-EI charges approved in a financing order issued to the electric utility and, if the CO-EI property has been transferred to an […]
§ 40-41-110. Co-Ei Property
CO-EI property that is described in a financing order constitutes an existing present property right or interest in an existing present property right even though the imposition and collection of CO-EI charges depends on the electric utility to which the financing order is issued performing its servicing functions relating to the collection of CO-EI charges […]
§ 40-41-111. Co-Ei Bonds – Legal Investments – Not Public Debt – Pledge of State
Banks, trust companies, savings and loan associations, insurance companies, executors, administrators, guardians, trustees, and other fiduciaries may legally invest any money within their control in CO-EI bonds. Public entities, as defined in section 24-75-601 (1), may invest public funds in CO-EI bonds only if the CO-EI bonds satisfy the investment requirements established in part 6 […]
§ 40-41-112. Assignee or Financing Party Not Automatically Subject to Commission Regulation
An electric utility, assignee, or financing party that is not already regulated by the commission does not become subject to commission regulation solely as a result of engaging in any transaction authorized by or described in this article 41. Source: L. 2019: Entire article added, (SB 19-236), ch. 359, p. 3329, § 26, effective May […]