On April 24, 2012, Sen. Angela Giron and Rep. Keith Swerdfeger introduced SB 12-178 – Concerning the Removal of Enhanced Credits for Purchase of In-State Eligible Energy Resources from the Renewable Energy Standard. This summary is published here courtesy of the Colorado Bar Association’s e-Legislative Report.
The bill modifies certain standards from the renewable energy portfolio standards of in-state preferences with respect to:
- Wholesale distributed generation;
- The one and one-quarter kilowatt-hour multiplier for each kilowatt-hour of electricity generated from eligible energy resources other than retail distributed generation;
- The one and one-half kilowatt-hour multiplier for community-based projects; and
- Policies to provide incentives to qualifying retail utilities to invest in eligible energy resources.
On April 25, the Judiciary Committee approved the unamended the bill and moved it to the Senate floor for consideration on 2nd Reading.
Since this summary, the second reading was laid over daily.
Summaries of other featured bills can be found here.