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House Energy & Environment

Thursday, April 23, 2026·▶ Watch / Listen

The House Energy & Environment Committee advanced HB26-1326, the seven-year sunset reauthorization of the Public Utilities Commission, to the Finance Committee on a party-line 9-4 vote after a marathon hearing that drew utilities, labor, local governments, consumer advocates and press-freedom groups. Sponsors accepted eight amendments — including one striking a proposed open-meetings exemption — but a wall of testimony flagged fights over forced securitization, mandatory third-party program administration, and PUC power over local land-use appeals.

Key Actions

·Sunset Public Utilities CommissionPassed

Notable Quotes

No other state has given its commission unfettered discretion to direct the financing of an unspecified category of investments.

Robert Kenney (President, Xcel Energy Colorado) · witnessXcel's central objection: the bill would let the PUC direct utilities to use securitization, a financing tool Kenney argued is narrow and not a guaranteed savings mechanism.

+ 5 more quotes

Votes

Referred to Committee on FinanceAction
Yes (9)Andrew Boesenecker, Lori Goldstein, Junie Joseph, Amy Paschal, Lesley Smith, Jenny Willford, Elizabeth Velasco, Monica Duran, Jamie Jackson
No (4)Carlos Barron, Ken DeGraaf, Scott Slaugh, Dan Woog
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TranscriptPreview
Miss falko, please take the roll. Representatives barone. Presente. Basenecker. Here. Degraff goldstein. Here. Jackson. Ms. Koust. Joseph. Here. Pascal. Presente. Sam. Here. Smith. Here. Wilford. Here. Woog. Here. Majority leader duran. Here. And chair velasco presentation 1326 and then do you want to announce that we're not doing. Thank you. And let the record reflect that Representative Jackson is here with us. I want to make an announcement that we will be hearing how House Bill 1246 at our next meeting and we have the sponsors for House Bill 1326. Welcome. So please, who wants to start? Majority Leader Duran. Thank you, Madam Chair and members of the committee. Before I begin, I want to take a moment to thank the many stakeholders who engaged with us on this incredibly important and complex bill. Whether you are with a labor union like IABW Climate Jobs for Colorado, to be in a utility like Black Hills or Excel to being a constituent with policy expertise in this area, know that your input truly reflects how essential the Public Utilities Commission is and the wide range of responsibilities it carries. So thank you for your feedback and as a fierce advocate
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