HB 17-1227

HB 17-1227, also known as the Electric Demand-side Management Program Extension, is a Colorado law that encourages utility companies to reduce electricity usage during peak times and save energy overall. The original goals were set in 2007 and required utilities to cut peak demand and total energy use by at least 5% compared to 2006 levels by 2018. This bill extends those requirements through 2028, with new targets based on the 2018 figures. The law is now signed into effect, meaning utility companies must continue these programs to meet the energy-saving goals until 2028.

Official Summary

To promote demand-side management programs for electricity, the public utilities commission (commission) was authorized in 2007 to establish the following electricity goals for investor-owned electric utilities to achieve by 2018: A demonstrated reduction of peak demand by at least 5% of the retail peak demand level in 2006; and Demonstrated energy savings of at least 5% compared to the energy sales in 2006. The bill extends the programs to 2028 and requires the commission to set goals of at least 5% peak demand reduction and 5% energy savings by 2028 for demand-side management programs implemented during 2019 through 2028 when compared to 2018 numbers. (Note: This summary applies to the reengrossed version of this bill as introduced in the second house.)

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