Colorado § 40-3-116 - Electric vehicle programs - rates.
Full text of Colorado Colorado Revised Statutes § 40-3-116 — Electric vehicle programs - rates., with citation guidance and answers to common questions.
§ 40-3-116. Electric vehicle programs - rates.
(1) The rates and charges schedule for services provided by a program created under section 40-5-107 may allow:
(a) A return on any investment made under section 40-5-107 by an electric public utility at the electric public utility's weighted average cost of capital, including the most recent rate of return on equity, approved by the commission, including by allowing a utility to earn a rate of return on rebates provided to customers through a transportation electrification program;
(b) Rate recovery mechanisms that allow earlier, as determined by the commission, recovery of costs, including the use of rate adjustment clauses; and
(c) Performance-based incentive returns or similar investment incentives.
(2) By May 15, 2020, an electric public utility shall submit to the commission a proposal for a specific rate or rates for electricity supplied to commercial and industrial facilities used to charge electric vehicles that encourage vehicle charging and that support the operation of the electric grid.
Source: L. 2019: Entire section added, (SB 19-077), ch. 383, p. 3434, § 3, effective May 31.
Cross references: For the legislative declaration in SB 19-077, see section 1 of chapter 383, Session Laws of Colorado 2019.
Source: official Colorado text · Last verified 2026-08-27
Frequently Asked Questions About Colorado § 40-3-116
What does Colorado Revised Statutes § 40-3-116 cover?
Section 40-3-116 ("Electric vehicle programs - rates.") is part of the Colorado Revised Statutes, the codified statutory law of Colorado. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Colorado § 40-3-116?
A common citation format is "Colorado Revised Statutes § 40-3-116" (Colorado). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Colorado law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Colorado official source linked on this page or consult a licensed Colorado attorney.
How does Colorado § 40-3-116 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Colorado can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Colorado.