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The bill requires an investor-owned electric utility (utility) to submit a proposal to the public utilities commission (PUC) that establishes a first allotment of residential electricity service (FARE service) program.The FARE service program provides a minimum level of electricity at a marginal cost rate for income-qualified utility customers. A FARE service proposal that a utility submits to the PUC must include:The amount of electricity that qualifies as a minimum level of electricity for an average income-qualified utility customer based on monthly usage to support a customer's basic needs;A marginal cost rate on a per-kilowatt-hour basis for delivering electricity to a customer, which marginal cost rate must be lower than the residential customer rate that the income-qualified utility customer would normally be charged; andA description of the process by which an income-qualified utility customer may enroll in the FARE service program.The PUC shall approve a utility's FARE service proposal if the PUC determines that the proposed FARE service would be in the public interest.(Note: This summary applies to this bill as introduced.)
Introduced
Jan 14, 2026
Last Action
Jan 14, 2026
Session
CO 2026A
Sponsors
3 primary · 0 co
Senate Committee on Transportation & Energy Refer Amended to Appropriations
Introduced In Senate - Assigned to Transportation & Energy
Get a plain-English explanation of what this bill does, who it affects, and why it matters.
Introduced In Senate - Assigned to Transportation & Energy
T. Exum
C. Kipp
J. Willford