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Colorado Renewable Resources Initiative

Colorado Renewable Resources Initiative. An overview Dave Lock Colorado Association of Municipal Utilities March 11 th , 2005. Renewable Resources Initiative. Petitioned on ballot as statutory change Supported by: Environmental groups Rural economic development advocates

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Colorado Renewable Resources Initiative

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  1. Colorado Renewable Resources Initiative An overview Dave Lock Colorado Association of Municipal Utilities March 11th, 2005

  2. Renewable Resources Initiative • Petitioned on ballot as statutory change • Supported by: • Environmental groups • Rural economic development advocates • Renewable resource developers • Opposed by CAMU, IOUs, REAs, business • Passed during November election 53%-47%

  3. Renewable Resources Initiative • Applies to three munis • Colorado Springs • Fort Collins • Longmont (when it reaches 40,000 customers) • Two IOUs • Several REAs

  4. Renewable Resources InitiativeBasics • Requires escalating percentages of retail electricity sales from renewable sources • 3% 2007-2010 • 6% 2011-2014 • 10% 2015-

  5. Renewable Resources InitiativeBasics • Defines renewable sources as: • Wind • Solar • Geothermal • Biomass • Hydro • Less than 10 megawatts capacity • Fuel cells using hydrogen derived from eligible sources

  6. Renewable Resources InitiativeBasics • Solar has to be 4% of total requirement • Half of solar must be installed “on-site” at utilities’ residential/commercial customers • Customers that install solar can receive up to $200,000 per installation from utility • If solar systems produce more energy than customers consume, utilities must pay

  7. Renewable Resources InitiativeBasics • Munis can create and “self-certify” their own programs that are similar to mandate • Munis can opt-out with majority vote of at least 25% of customers • Munis can opt-in with majority vote of at least 25% of customers • Colorado Public Utilities Commission sets rules and oversees program

  8. Cumulative Cost ImpactLongmont

  9. Cumulative Cost ImpactFort Collins

  10. Key changes made with enacting legislation • Munis not subject to PUC when they “self-certify” • Existing hydro less than 30 megawatts counts • Glide-path for utilities that reach 40,000-customer threshold after initiative takes effect • Condemnation powers preserved • IOU can’t charge wholesale customers to comply with initiative

  11. Lessons Learned • Take a good legislative deal • Don’t underestimate attractiveness of renewable energy to voters • Don’t assume legislature will never change • Engage in positive relationships with environmental advocates before, during and after outcome of process

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