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60691F939F88BCD987258978007C5739 Hearing Summary




PUBLIC
BILL SUMMARY For PRESENTATION FROM COLORADO ENERGY CONSUMERS

OTHER COMMITTEE COMMITTEE ON JOINT SELECT COMMITTEE ON RISING UTILITY RATES
Date Mar 20, 2023      
Location LSB A



Presentation from Colorado Energy Consumers - Committee Discussion Only


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.






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