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Home » US Law » 2022 Colorado Code » Title 40 - Utilities » Article 8.5 - Unclaimed Utility Deposits

§ 40-8.5-101. Legislative Declaration

In enacting this article 8.5, the general assembly finds and declares that there is a need to make distributions of money to provide aid and assistance to the indigent, the elderly, and persons with disabilities, who do not otherwise have the financial resources to meet their heating and other energy needs. The general assembly further […]

§ 40-8.5-102. Applicability

This article shall apply to any electric or gas utility, as defined by section 40-8.5-103; except that this article shall apply only to those cooperative electric associations, as defined by section 40-9.5-102, which notify the commission that they elect to come under this article. Source: L. 90: Entire article added, p. 1758, § 1, effective […]

§ 40-8.5-103. Definitions

As used in this article 8.5, unless the context otherwise requires: “Commission” means the legislative commission on low-income energy and water assistance established in section 40-8.5-103.5. “Deposit” means moneys deposited by a subscriber with a utility to secure payment for services or any other amount which is paid in advance for electric or gas utility […]

§ 40-8.5-103.5. Commission Created – Duties – Repeal

There is created the legislative commission on low-income energy and water assistance. (1) (a) (I) There is created the legislative commission on low-income energy and water assistance. This subsection (1)(a) is repealed, effective May 1, 2022. Commencing May 1, 2022, there is created the legislative commission on low-income energy and water assistance in the Colorado […]

§ 40-8.5-105. Eligibility

The department of human services shall promulgate rules and regulations establishing the criteria for eligibility for recipients of assistance pursuant to this article, which criteria shall be based in part on household size and income and the energy costs of the household residence for the preceding year. Source: L. 90: Entire article added, p. 1760, […]

§ 40-8.5-106. Unclaimed Deposits

Unclaimed deposits shall be paid by the electric and gas utilities into the fund designated by the commission pursuant to section 40-8.5-104. Source: L. 90: Entire article added, p. 1760, § 1, effective May 31. L. 93: Entire section amended, p. 2072, § 33, effective July 1.

§ 40-8.5-107. Disbursement of Moneys

The nonprofit corporation designated by the commission pursuant to section 40-8.5-104 shall disburse moneys to the state department of human services to make energy assistance payments on behalf of or to persons determined by the department to be eligible for such assistance in accordance with section 40-8.5-105. Source: L. 90: Entire article added, p. 1760, […]