HB 25-1177
Fiscal Note
Legislative Council Staff
Nonpartisan Services for Colorado’s Legislature
HB 25-1177: UTILITY ECONOMIC DEV. RATE TARIFF ADJUSTMENTS
Prime Sponsors:
Rep. Mauro
Sen. Hinrichsen; Pelton B.
Published for: House Energy & Environment
Drafting number: LLS 25-0707
Fiscal Analyst:
Matt Bishop, 303-866-4796
matt.bishop@coleg.gov
Version: Initial Fiscal Note
Date: February 17, 2025
Fiscal note status: The fiscal note reflects the introduced bill.
Summary Information
Overview. The bill updates requirements for the Public Utilities Commission to regulate economic
development rates.
Types of impacts. The bill is projected to affect the following areas on an ongoing basis:
Minimal State Workload
Appropriations. No appropriation is required.
Table 1
State Fiscal Impacts
Type of Impact
Budget Year
FY 2025-26
Out Year
FY 2026-27
State Revenue $0 $0
State Expenditures $0 $0
Transferred Funds $0 $0
Change in TABOR Refunds $0 $0
Change in State FTE 0.0 FTE 0.0 FTE
Page 2
February 17, 2025 HB 25-1177
Summary of Legislation
Under current law, a utility may charge a qualifying industrial or commercial customer a
discounted economic development rate for up to ten years. The bill modifies the requirements
of economic development rates, including:
increasing the maximum location load allowable without Public Utilities Commission (PUC)
approval from 20 megawatts to 40 megawatts;
allowing utilities to request that the PUC approve an economic development rate for up to
25 years;
requiring the PUC to consider utility’s expansion of an existing clean energy program rather
than a renewable energy program as under current law; and
establishing deadlines for PUC action on applications for economic development rates.
State Expenditures
Department of Regulatory Agencies
The bill may modify the number of economic development rate applications submitted to the
PUC and it specifies a regulatory timeline shorter than current practice. While this increases
workload in the PUC, it is expected to be minimal and no change in appropriations is required.
Colorado Energy Office
To the extent that changing utilities’ voluntary renewable energy programs to voluntary clean
energy programs results in new or different applications, workload may increase in the office to
file comments on those applications. This is expected to be minimal and no change in
appropriations is required.
Effective Date
The bill takes effect upon signature of the Governor, or upon becoming law without his
signature, and applies to applications submitted on or after that date.
State and Local Government Contacts
Colorado Energy Office
Law
Regulatory Agencies
The revenue and expenditure impacts in this fiscal note represent changes from current law under the bill for each
fiscal year. For additional information about fiscal notes, please visit the General Assembly website.