Ballot Title Setting Board
2003-2004

The title as designated and fixed by the Board is as follows:

An amendment to the Colorado revised statutes concerning renewable energy standards for large providers of retail electric service, and, in connection therewith, defining eligible renewable energy resources to include solar, wind, geothermal, biomass, small hydroelectricity, and hydrogen fuel cells; requiring that a percentage of retail electricity sales be derived from renewable sources, beginning with 3% in the year 2007 and increasing to 10% by 2015; requiring utilities to offer customers a rebate of $2.00 per watt and other incentives for solar electric generation; providing incentives for utilities to invest in renewable energy resources that provide net economic benefits to customers; limiting the retail rate impact of renewable energy resources to 50 cents per month for residential customers; requiring public utilities commission rules to establish major aspects of the measure; prohibiting utilities from using condemnation or eminent domain to acquire land for generating facilities used to meet the standards; requiring utilities with requirements contracts to address shortfalls from the standards; and specifying election procedures by which the customers of a utility may opt out of the requirements of this amendment.

The ballot title and submission clause as designated and fixed by the Board is as follows:

Shall there be an amendment to the Colorado revised statutes concerning renewable energy standards for large providers of retail electric service, and, in connection therewith, defining eligible renewable energy resources to include solar, wind, geothermal, biomass, small hydroelectricity, and hydrogen fuel cells; requiring that a percentage of retail electricity sales be derived from renewable sources, beginning with 3% in the year 2007 and increasing to 10% by 2015; requiring utilities to offer customers a rebate of $2.00 per watt and other incentives for solar electric generation; providing incentives for utilities to invest in renewable energy resources that provide net economic benefits to customers; limiting the retail rate impact of renewable energy resources to 50 cents per month for residential customers; requiring public utilities commission rules to establish major aspects of the measure; prohibiting utilities from using condemnation or eminent domain to acquire land for generating facilities used to meet the standards; requiring utilities with requirements contracts to address shortfalls from the standards; and specifying election procedures by which the customers of a utility may opt out of the requirements of this amendment?

Hearing May 5, 2004

At request of proponents, technical corrections allowed in text of measure. (In section 40-2-124 (1) (A), at the end of the third line, removed the second period; in section 40-2-124 (1) (C) (II), in the first line, changed “(B)(I)” to “(C)(I)”; in section 40-2-124 (1) (C) (IV), in the fifth line, changed “(B)(I)” to “(C)(I)”; in section 40-2-124 (1) (F) (IV), in the first line, changed “REQUIRMENT” to “REQUIREMENT”; and in section 40-2-124 (3) (B), in the second line, changed “(B)(I)” to “(C)(I)”.)
Single subject approved; proponents’ proposed draft amended; titles set.
Hearing adjourned 10:39 p.m.

Hearing May 19, 2004

Motion for Rehearing denied.
Hearing adjourned 4:40 p.m.

* Unofficially captioned “Renewable Energy Standard” by legislative staff for tracking purposes. Such caption is not part of the titles set by the Board.