4 CCR 723-3-3662 - Annual RES Compliance Report
(a) Each
investor owned and cooperative electric association QRU shall file an annual
RES compliance report no later than June 1 to report on the status of the QRU's
compliance with the RES for the most recently completed compliance year. Unless
expressly noted otherwise, the annual RES compliance report of each investor
owned and cooperative electric association QRU shall provide the following
information for the most recently completed compliance year
(I) The total MWH sold by the QRU to its
retail customers in Colorado and the associated eligible energy required for
compliance with the RES, including the requirements for retail renewable
distributed generation and wholesale renewable distributed generation, as
applicable.
(II) The total amount
and source of eligible energy and RECs acquired by the QRU during the
compliance year for to meet the RES, including the requirements for retail
renewable distributed generation and wholesale renewable distributed
generation, as applicable. The QRU shall separately identify and quantify
amounts of eligible energy and RECs by each type of resource, including
residential retail renewable distributed generation and nonresidential
renewable distributed generation, as applicable. The QRU shall also separately
identify eligible energy and RECs generated by early eligible energy
resources.
(III) The total amount
of RECs by category acquired by the investor owned QRU during the compliance
year and the total amount and source of eligible energy generated by the
QRU-owned eligible energy resources.
(IV) The total amount of eligible energy and
RECs borrowed forward, pursuant to rule 3654, in previous compliance years that
were made up during the compliance year to achieve compliance with each
component of the RES.
(V) The total
amount of eligible energy and RECs borrowed forward, pursuant to rule 3654,
from future compliance years to achieve compliance with each component of the
RES in the compliance year.
(VI)
The total amount and source of eligible energy and RECs the QRU is carrying
back from the year following the compliance year under rule 3654 to achieve
compliance with each component of the RES in the compliance year.
(VII) The total amount of eligible energy and
RECs the QRU has carried forward from prior calendar years under rule 3654 to
apply in the compliance year for each component of the RES.
(VIII) The total amount of eligible energy
and RECs the QRU has acquired in the compliance year that the QRU proposes to
carry forward under rule 3654 to future years for each component of the
RES.
(IX) The total amount of
eligible energy and RECs the QRU has counted toward compliance with the RES,
including the requirements for retail renewable distributed generation and
wholesale renewable distributed generation, as applicable, in the compliance
year. The QRU shall separately identify amounts of renewable energy by each
type of resource and eligible energy or RECs generated by early eligible energy
resources.
(X) The total amount of
renewable energy or RECs acquired by the QRU during the compliance year
pursuant to the SRO program.
(XI)
The total amount of RECs retired by the investor owned QRU during the
compliance year pursuant to a voluntary green pricing program.
(XII) The total amount of RECs sold or traded
by the investor owned QRU during the compliance year along with the profit and
losses of such transactions and the method for calculating these
margins.
(XIII) Whether the QRU has
invested in any eligible energy resource and whether that resource is under
construction or in operation.
(XIV)
The funds expended from the RESA account and other revenue sources and the
retail rate impact of the eligible energy and RECs acquired by the investor
owned QRU. If the investor owned QRU has not acquired sufficient eligible
energy and RECs to meet the RES under rule 3654 or the requirements for
renewable distributed generation under rule 3655 due to the retail rate impact
cap under rule 3661, the retail rate impact cap shall be recalculated based on
the actual compliance year values. To the extent the recalculation of the
retail rate impact cap demonstrates that additional funds are available based
on actual compliance year values, the investor owned QRU shall use those
additional funds to acquire RECs, to the extent necessary, to achieve the
compliance levels set forth in rules 3654 and 3655 or until the additional
funds have been spent if the investor owned QRU intends to claim that the
retail rate impact cap prevented it from achieving compliance with the
standard.
(XV) A description of the
method used to develop the retail rate impact calculation.
(XVI) The proposed calculation of on-going
annual net incremental costs for eligible energy resources that will come on
line prior to the end of the following compliance year that have not been
locked down pursuant to an investor owned QRU's compliance plan
filing.
(XVII) The funds advanced
by the investor owned QRU during the compliance year, if any, to augment the
amounts collected from retail customers through the RESA.
(XVIII) The average hourly incremental cost
of electricity during the compliance year, the total number of CSG kWh which
were unsubscribed for each CSG during that period, and the total kWh and
corresponding billing credits paid to CSG subscribers during the compliance
year by each retail rate class for each CSG.
(XIX) A summary of program participation by
master meter operators as defined in paragraph 3801(c).
(b) In the annual RES compliance report filed
by the investor owned or cooperative electric association QRU, the QRU must
explain whether it achieved compliance with the RES, including the requirements
for retail renewable distributed generation and wholesale renewable distributed
generation, as applicable, during the most recently completed compliance year,
or explain why the QRU had difficulty meeting the RES or the requirements for
retail renewable distributed generation and wholesale renewable distributed
generation, as applicable.
(c) If,
in its annual RES compliance report, the investor owned QRU did not comply with
its RES as a direct result of absolute limitations within a requirements
contract from a wholesale electric supplier, then the QRU must explain whether
it acquired a sufficient amount of either eligible RECs or documented and
verified energy savings through energy efficiency and/or conservation programs,
or both to rectify the noncompliance so as to excuse the investor owned QRU
from any administrative fine or other administrative action.
(d) On the same date that the investor owned
or cooperative electric association QRU files its annual RES compliance report,
the QRU shall post its annual compliance report excluding confidential material
on its website to facilitate public access and review.
(e) On the same date that the investor owned
or cooperative electric association QRU files its annual RES compliance report,
if the QRU did not file using the Commission's E-Filings System, it shall
provide the Commission with an electronic version of its annual compliance
report excluding confidential material. The Commission may place the
non-confidential portion of each QRU's annual compliance report on the
Commission's website in order to facilitate public review.
(f) Each qualifying wholesale utility shall
submit an annual report to the Commission no later than June 1 of each year. In
addition, the qualifying wholesale utility shall post each annual report on its
website. In each annual report, the qualifying wholesale utility shall:
(I) describe the steps it took during the
most recently completed compliance year to comply with the RES of 20 percent of
retail sales by 2020 as established in §
40-2-124(8),
C.R.S.;
(II) for the compliance
years before 2020, describe whether it is making sufficient progress toward
meeting the standard in 2020 or is likely to meet the 2020 standard early. If
it is not making sufficient progress toward meeting the standard of 20 percent
in 2020, it shall explain why and shall indicate the steps it intends to take
to increase the pace of progress; and
(III) for the 2020 compliance year and each
compliance year thereafter, describe whether it has achieved compliance with
the RES established in §
40-2-124(8),
C.R.S., and whether it anticipates continuing to do so. If it has not achieved
such compliance or does not anticipate continuing to do so, it shall explain
why and shall indicate the steps it intends to take to meet the standard and by
what date.
Notes
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