4 Colo. Code Regs. § 723-3-3657
Current through Register Vol. 47, No. 10, May 30, 2024
Section 4 CCR 723-3-3657 - RES Compliance Plan(a) With each electric resource plan filed with the Commission under rule 3603 (every four years beginning October 31, 2015), the investor owned QRU shall file a RES compliance plan detailing how the QRU intends to comply with these rules during the resource acquisition period addressed in that rule 3603 filing. In addition to the required four-year cycle, the investor owned QRU may file an interim RES compliance plan by application at the Commission explaining the reasons and changed circumstances that justify the interim plan.(b) Each investor owned QRU RES compliance plan shall include.(I) Determination of the retail rate impact pursuant to rule 3661 and a presentation of projected RESA revenues, surcharges collected under paragraph 3664(h), expenditures, and deferred account balances (both positive and negative) over a minimum of ten years.(II) For each eligible energy resource other than retail renewable distributed generation, a listing of each eligible energy resource whose on-going annual net incremental costs have been locked down and the value of the locked down on-going annual net incremental costs for each listed eligible energy resource. For retail renewable distributed generation, the QRU shall set forth this information in the aggregate, listed by the year in which the resources were acquired.(III) For each eligible energy resource other than retail renewable distributed generation, a listing of the eligible energy resources whose on-going annual net incremental costs are expected to be locked down during the period covered by the compliance plan and the current projection of the locked down on-going annual net incremental costs for each listed eligible energy resource. For retail renewable distributed generation, the QRU shall set forth this information in the aggregate, listed by the year in which the resources were acquired.(IV) Estimate of its retail electricity sales over a minimum of ten years.(V) Estimate of the eligible energy and RECs that the QRU already has acquired and the QRU's estimate of the additional eligible energy and RECs that will be needed to meet both the RES under rule 3654 and the requirements for renewable distributed generation under rule 3655.(VI) Estimate of the funds that the QRU will have available to generate, or cause to be generated, additional eligible energy and RECs under the retail rate impact established in rule 3661, including, but not limited to, the RESA revenues collected from residential and nonresidential retail customers and other revenue resources.(VII) Plan to acquire additional eligible energy and RECs given the constraints of the retail rate impact specified at rule 3661, including the allocation of the funds available under the retail rate impact rule to acquire eligible energy or RECs from each of the following: retail renewable distributed generation to be acquired under rule 3658 from residential retail customers; retail renewable distributed generation to be acquired under rule 3658 from nonresidential retail customers; wholesale renewable distributed generation; and eligible energy resources with nameplate ratings of more than 30 MW to be acquired pursuant to the Commission's Electric Resource Planning Rules.(VIII) The standard offers the investor owned QRU intends to offer customers to purchase RECs from on-site solar systems that are no larger than 500 kW and a proposal, at the discretion of the QRU, to reduce the SRO based on market conditions.(IX) Proposal, at the discretion of the investor owned QRU, to advance funds from year to year to augment the amounts collected from retail customers through the RESA for the acquisition of more eligible energy resources.(X) Proposed request for proposals including any standard contracts the investor owned QRU plans to use as part of a competitive acquisition process.(XI) Proposed ownership investment, if any, in eligible energy resources and estimate of whether its investment will provide net economic benefits to the QRU's customers, entitling the QRU to extra profit on its investment, pursuant to rule 3660.(XII) Plan to purchase renewable energy and RECs from one or more CSGs over the period covered by the plan and subject to the requirements of rule 3665.(XIII) Plan to encourage eligible low-income customer subscriptions in CSGs pursuant to subparagraph 3665(d)(V).(XIV) The acquisition process for eligible energy resources, pursuant to rule 3656.(XV) The treatment, tracking, counting and trading of RECs, pursuant to rule 3659.(XVI) Rules, regulations, and tariffs for the net metering for renewable energy resources, pursuant to rule 3664.(XVII) Application forms, standard agreements, and general procedures for the investor owned QRU's SRO programs under rule 3658 and for the interconnection of renewable energy resources pursuant to rule 3667.(c) The Commission shall either approve the investor owned QRU's RES compliance plan or order modifications to the compliance plan. Investor owned QRU actions under an approved compliance plan shall carry a rebuttable presumption of prudence.(d) The investor owned QRU may apply to the Commission at any time for approval of amendments to an approved RES compliance plan.38 CR 17, September 10, 2015, effective 9/30/201539 CR 06, March 25, 2016, effective 4/14/201639 CR 08, April 25, 2016, effective 5/15/201640 CR 22, November 25, 2017, effective 12/15/201742 CR 03, February 10, 2019, effective 3/2/201942 CR 07, April 10, 2019, effective 4/30/201942 CR 09, May 10, 2019, effective 5/30/201943 CR 08, April 25, 2020, effective 5/15/202043 CR 12, June 25, 2020, effective 7/15/202043 CR 20, October 25, 2020, effective 11/14/202044 CR 13, July 10, 2021, effective 7/30/202144 CR 24, December 25, 2021, effective 1/14/202245 CR 18, September 25, 2022, effective 10/15/202246 CR 02, January 25, 2023, effective 2/14/2023