Co-sponsors, Representatives Froelich and Joseph, introduced House Bill 25-1268 Utility On-Bill Repayment Program Financing. The bill creates a financing mechanism for energy efficiency and electrification measures using money from the Unclaimed Property Trust Fund.

The committee asked the sponsors questions.

Will Toor, representing Colorado Energy Office, testified in support of the bill. Ms. Tricia Canonico, representing Colorado Communities for Climate Action, testified in support of the bill. Mr. Brett Fleishman, representing Boulder County, testified in support of the bill.

The committee asked the panel of witnesses questions.

Jason Hopfer, representing Colorado Association of Realtors, testified to amend the bill. Leah Marvin-Riley, representing Colorado Department of Treasury, testified to amend the bill. Patrick Murphy, representing Xcel Energy, testified to amend the bill. Mr. Andrew Bennett, representing Energy Outreach Colorado, testified in opposition to the bill. Mr. Dean Ruybal, representing Land Title Association of Colorado, testified to amend the bill. Mr. Paul Scharfenberger, representing Colorado Clean Energy Fund, testified to amend the bill.

The committee asked the panel of witnesses questions.

Additional written testimony is included as Attachment G.

The bill was laid over for action only.