HB 25-1177 Colorado House · 2025 Regular Session

Utility Economic Development Rate Tariff Adjustments

Summary

Under current law, an investor-owned electric utility (utility) may apply to the public utilities commission (commission) for approval to charge certain commercial or industrial customers of the utility an economic development rate (economic development rate), which is a reduced rate offered to a commercial or industrial customer that locates or expands their operations in Colorado, that adds at least 3 megawatts of new load at a single location within the utility's service territory, and that demonstrates certain other requirements to the satisfaction of the utility (qualifying commercial or industrial customer). The act makes adjustments to the requirements for an economic development rate by: Requiring that an approved economic development rate not increase costs of electric service for other customers; Clarifying that an approved economic development rate does not relieve a utility of its obligation to achieve compliance with greenhouse gas emission reduction requirements; Authorizing a utility to apply to the commission for an expansion of the maximum duration of the economic development rate from 10 years to 25 years; Expanding the maximum load at a single location of a qualifying commercial or industrial customer for an individual project that does not require commission approval from 20 megawatts to 40 megawatts; and Updating the application process required for seeking approval of an economic development rate by requiring that the commission: Approve or deny an application within 120 days after a notice period of 14 business days after the application was filed; except that, if the load is more than 150 megawatts, the commission shall approve or deny the application within 210 days after the notice period; and Consider the broader economic benefits associated with the application for other classes of utility customers and for the surrounding community.(Note: This summary applies to this bill as enacted.)

Bill status signed all 5 stages cleared

Introduction

Feb 2025

Committee Review

Apr 2025

House Passage

Apr 2025

Senate Passage

Apr 2025

Signed into Law

May 2025

Introduced Feb 10, 2025 Signed May 19, 2025

Maddy AI version diff · 5 comparisons

What changed between versions

Rerevised (04/28/2025) → Revised (04/25/2025) · 2 edits

MINOR

The bill text was updated from a rerevised version to a revised version, reflecting the legislative process progression. The date stamp changed from April 28, 2025 to April 25, 2025, indicating the bill moved from third reading unamended status to revised status after second reading in the Senate. No substantive policy changes, funding amounts, or eligibility criteria were altered in this revision.

TECHNICAL

Header text changed from 'REREVISED' to 'REVISED' and updated the amendment adoption description to reflect second reading status rather than second house adoption.

Removed the '3rd Reading Unamended' date stamp and Senate location indicator from the document header.

Floor votes · Senate Apr 28, 2025 · House Apr 3, 2025

How they voted

29–4

Passed · 1 other

Total votes 34

Apr 28, 2025

D Democratic22

21 Yea 1

95% Yea

R Republican12

8 Yea 4 Nay

66% Yea

Vote distribution

All Yea All Nay Mixed No data

Full legislative history

Actions timeline

Total actions

Key actions

Committee

May 19, 2025

Signed into law

Governor Signed

executive

Apr 28, 2025

Upper · Passed

Senate Third Reading Passed - No Amendments

upper

Apr 23, 2025

Upper · Passed

Senate Committee on Transportation & Energy Refer Unamended - Consent Calendar to Senate Committee of the Whole

upper

Apr 7, 2025

Introduced

Introduced In Senate - Assigned to Transportation & Energy

upper

Apr 3, 2025

Lower · Passed

House Third Reading Passed - No Amendments

lower

Mar 20, 2025

Lower · Passed

House Committee on Energy & Environment Refer Amended to House Committee of the Whole

lower

Feb 10, 2025

Introduced

Introduced In House - Assigned to Energy & Environment

lower

4 primary · 4 co-sponsors