HB 17-1225

House Bill 17-1225, also known as the Electric Regional Transmission Organization Hearing bill, requires a committee to hold a hearing by December 1, 2017, to discuss how retail electric service providers joining a regional transmission organization might affect electricity prices and renewable energy in Colorado. This means that various stakeholders will come together to talk about potential impacts on consumers and the state’s green energy market. Since the bill has been signed into law, this hearing is now required by law and must take place as planned.

Official Summary

A regional transmission organization is an independent electric transmission operator that provides wholesale transmission services to more than one provider of retail or wholesale electric service within a defined geographic region by pooling together a number of transmission assets into a single electricity transmission market from which participating retail electric service providers may purchase wholesale transmission services. The bill directs the transportation legislation review committee to conduct a hearing during the 2017 interim on the effects that participation by retail electric service providers in a regional transmission organization would have on retail or wholesale electric service providers, their ratepayers, and Colorado's market for renewable energy. The hearing must take place on or before December 1, 2017. (Note: This summary applies to the reengrossed version of this bill as introduced in the second house.)

Votes