06/02: The Colorado Public Utilities Commission initiated a new resource planning
framework which required the commission to approve Colorado utilities’ forecasts
and needs assessment proposals.
Source: Colorado Public Utilities Commission
http://www.dora.state.co.us/PUC/
11/99: The Colorado Electricity Advisory Panel issued its Final Report. A
majority (17 of 29 members) voted against restructuring the industry as it
would not be in the best interest of the State and its consumers. The Legislature
required a 2/3 majority vote for a formal recommendation, which was not met.
A minority report supporting restructuring was also issued, as well as a "middle
ground" report. The major reasons restructuring was opposed by the Final
Report were: 1) Colorado had low rates; 2) a consultant study modeling the
effects of restructuring found that rates were likely to rise; and 3) rate
impacts would have been disproportionately shared among classes of consumers,
with low-income, fixed income, rural, residential, and small consumers seeing
the greatest rate increases.
Source: Colorado Public Utilities Commission
http://www.dora.state.co.us/PUC/
08/99: The task force continues held public hearings across the state on restructuring
the industry. During the five hearings, opponents of restructuring had outnumbered
proponents, on the basis that Colorado currently enjoyed low electric rates
and the fear that prices would have risen with competition. A sixth hearing
was scheduled, and the task force would make its report to the General Assembly
by November 1999.
07/99: A draft report was released by the Colorado advisory panel. The report
showed that most panel members opposed opening the retail electricity market
to competition, believing prices would have risen under restructuring. Proponents
of restructuring, including IOU's, environmentalists, and industrial customers,
thought prices would fall, citing a DOE study that supported their view. Public
hearings would be held in July and August for public comment on the report.
The final report was not due to the legislature until November 1999.
05/99: A study by Stone & Webster Management Consultants, Inc. and Standard
and Poor’s was conducted for the Colorado Electricity Advisory Panel.
The study found that consumers would have paid more for power if the state
opened the retail electricity market to competition. The Panel planed to present
preliminary findings on restructuring to the legislature by July 1999.
01/99: The Colorado Public Utility Commission adopted rules which required
IOU's to itemize the fuel sources used for generated and purchased electricity.
The idea of unbundling costs was intended to educate consumers on the costs
and sources of generation and the separate costs of power generation and delivery.
07/98: The Colorado Electricity Advisory Panel (created by Senate Bill 152)
met for the first time in July. The purpose of the panel was to study electric
industry deregulation and report the findings to the legislature by November
1999.
05/98: Senate Bill 152 was enacted. It created a 21-member panel to assess
whether retail competition would benefit the state's consumers.
06/96: On June 26, 1996, the Commission opened Docket Number 96Q-313E, in
the matter of the Inquiry Into Electric Utility Industry Restructuring of Colorado.