60691F939F88BCD987258978007C5739 Hearing Summary CLICS/CLICS2023A/commsumm.nsf PUBLICBILL SUMMARY For PRESENTATION FROM COLORADO ENERGY CONSUMERSOTHER COMMITTEE COMMITTEE ON JOINT SELECT COMMITTEE ON RISING UTILITY RATESDate Mar 20, 2023 Location LSB A Presentation from Colorado Energy Consumers - Committee Discussion Only Attachment Tag File Name Attachment http://www2.leg.state.co.us/CLICS/CLICS2023A/commsumm.nsf/0/6CA3553A6525...$File/Attachment D.pdf?OpenElement Attachment D.pdf 04:38:56 PM Michelle King, Partner at Holland & Hart LLP and Counsel for Colorado Energy Consumers (CEC), introduced herself and began her presentation. Ms. King's presentation is included as Attachment D. Ms. King explained what the CEC is and who it serves. The CEC serves larger entities not represented by the Office of the Utility Consumer Advocate. Ms. King went over the balancing of interests involved in the regulatory compact. Ms. King went over the inherent tensions between the public's interest and the utility's interest. Ms. King discussed how to re-balance the interests, including avoiding automatic ownership, promote competitive bidding, sharing risks/ rewards, cost predictability, accountability in forecasts and provided estimates, and discernment with performance incentive mechanisms (PIMs). 05:05:48 PM Ms. King answered a question about demand-side management programs and who should administer them. Ms. King answered a question about how to improve information asymmetry. Ms. King answered a question about when in the past there has been re-balancing. Ms. King answered a question about other states and their level of stakeholder interest. Ms. King answered a question about which recommendation would be the most impactful. Ms. King addressed a question about what should be confidential or withheld in rate cases with public utilities and only available through legal discovery versus what should be public information. Ms. King answered questions about PIMs and how often the PUC actually considers them when they are included in legislation. Ms. King answered a question about potentially switching to the retail-choice model. 05:26:49 PM Chair Fenberg gave closing comments.