HB 18-1270

HB 18-1270, which has been signed into law, instructs the Public Utilities Commission to create rules that help investor-owned electric utilities buy energy storage systems. These rules will consider factors like cost-effectiveness and how these systems can improve grid reliability and reduce the need for extra power during peak times. The bill also requires utilities to provide detailed information about where these storage systems would be connected, allowing for independent review. This impacts electricity providers and consumers in Colorado by potentially improving the efficiency and stability of the electric grid.

Official Summary

The bill directs the public utilities commission to adopt rules establishing mechanisms for the procurement of energy storage systems by investor-owned electric utilities, based on an analysis of costs and benefits as well as factors such as grid reliability and a reduction in the need for additional peak generation capacity. The information supplied by the utilities must include appropriate data and must specify interconnection points to enable independent evaluation. (Note: This summary applies to the reengrossed version of this bill as introduced in the second house.) Read More

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