Bill > HB1118

This bill amends Colorado Revised Statutes to expand the definition of eligible energy resources for renewable energy standards, specifically by including hydroelectricity and pumped hydroelectricity. Hydroelectricity is defined as generating electricity by harnessing the kinetic energy of water, while pumped hydroelectricity refers to electricity generated from water pumped to a higher reservoir during low demand periods and released during high demand. Previously, "renewable energy resources" had limitations on the size and age of hydroelectric facilities that qualified, but this bill removes those restrictions and explicitly adds pumped hydroelectricity and all hydroelectricity to the list of eligible resources, alongside solar, wind, geothermal, and biomass. The bill also clarifies that certain utilities, like municipally owned ones with fewer than forty thousand customers, are exempt from these commission rules, and no new regulatory authority is granted to the commission beyond what's specified.