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Public utilities

Decision to Sell Zuni Electric Generating Station Land Approved

Strategic Insights

— 2 min read

The Colorado Public Utilities Commission has granted an application for the approval of the sale of an eight-acre parcel of land associated with the former Zuni Electric Generating Station to the Housing Authority of the City and County of Denver, Colorado. The application was filed by Public Service Company of Colorado, which seeks to sell the land to the Housing Authority for redevelopment into low-income residential housing and multi-use commercial development. The Commission determined that the sale of the land is in the public interest and authorized Public Service to proceed with the sale.

Key Takeaways:

  • The Colorado Public Utilities Commission has approved the sale of an eight-acre parcel of land associated with the former Zuni Electric Generating Station to the Housing Authority of the City and County of Denver, Colorado.
  • The land is to be redeveloped into low-income residential housing and multi-use commercial development as part of a broad revitalization effort.
  • The Commission determined that the sale of the land is in the public interest, citing the Housing Authority's plan to provide low-income housing and the lack of opposition from any parties involved.
  • The sale is conditional on the Housing Authority's agreement to dismantle, demolish, and remove all existing structures on the property, as well as to investigate and remEDIATE the environmental condition of the property.
  • Public Service Company of Colorado is authorized to record the net proceeds from the sale in a deferred account until an appropriate future electric rate proceeding.
  • The Decision is effective on June 21, 2021, and a 20-day period for filing applications for rehearing, reargument, or reconsideration began on the first day following the effective date of the Decision.

Statistics:

  • The eight-acre parcel of land associated with the former Zuni Electric Generating Station is to be sold to the Housing Authority of the City and County of Denver, Colorado.
  • The land is to be redeveloped into low-income residential housing and multi-use commercial development.
  • $500,000: The amount of federal grant available through the Environmental Protection Agency's Brownfields Program to assist industrial site assessment and remediation.
  • 2016: The year in which the Zuni Station ceased electricity production.
  • 2019: The year in which the Zuni Station ceased steam production and was permanently shut down.
  • 2023: The year in which the generating facility is scheduled to be decommissioned.
  • 20 days: The timeframe within which to file applications for rehearing, reargument, or reconsideration.
  • 10 days: The shortened notice and intervention period established by the Commission's Decision No. C21-0285-I on May 12, 2021.

Sources:

  • Colorado Public Utilities Commission Decision No. C21-0355, Adopted Date: June 16, 2021.
  • Public Service Company of Colorado Application for Authorization to Sell an Eight-Acre Parcel of Land Associated with the Former Zuni Electric Generating Station, Filed Date: May 7, 2021.
  • Hearing Exhibit 102, Attachment NYM-1, at 4.2.1.

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