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Public utilities

Economic Development Rate Schedule EDR: A Comprehensive Review

Strategic Insights

— 1 min read

Public Service Company of Colorado's Economic Development Rate (EDR) Schedule EDR has been designed to incentivize new businesses to locate in Colorado, while also promoting expansion of existing operations. The schedule offers a base rate discount, depending on the contract term, to eligible Commercial and Industrial Customers. The Company and Customer will establish a mutually agreeable Contract Period, not exceeding ten (10) Years. To maintain eligibility, the Customer's load must meet specific requirements, measured by the maximum 15-minute integrated demand in each billing cycle.

Key Takeaways:

  • The EDR Schedule EDR is applicable to Commercial and Industrial Customers who agree to locate in Colorado and add at least three Megawatts (3 MW) of new load at a single location or expand existing load in Colorado and add at least three Megawatts (3 MW) of new load at a single location.
  • The base rate discount applied depends on the contract term, with discounts ranging from 10% to 40% over the contract period.
  • The Contract Period shall not exceed ten (10) Years, with a maximum of 20 Megawatts (20 MW) of load available without Commission approval.
  • Customers must fund necessary distribution and transmission extensions as required under the Company's Transmission Line Extension Policy and Distribution Extension Policy.
  • Payments for incremental generation assets may be made as an upfront payment or through monthly charges added to the Customer's bill.
  • Load measurement is critical, with requirements increasing over the contract period, from one billing cycle in the first Contract Year to eleven billing cycles in subsequent years.

Statistics:

  • The base rate discount ranges from 10% to 40% over the contract period, with the discount increasing with each year of the contract.
  • The maximum load available under the EDR Schedule EDR is 20 Megawatts (20 MW).
  • The Contract Period shall not exceed ten (10) Years.
  • Customers with loads exceeding 20 Megawatts (20 MW) will be charged the full tariff rate for any load in excess of 20 Megawatts (20 MW).

Sources:

  • Colorado Public Utility Commission document, COLO. PUC No. 8 Electric PUBLIC SERVICE COMPANY OF COLORADO Cancels Sheet No. P.O. Box 840 Denver, CO 80201-0840 Sheet No. ADVICE LETTER NUMBER DECISION/ PROCEEDING NUMBER ISSUE DATE EFFECTIVE DATE REGIONAL VICE PRESIDENT, Rates & Regulatory Affairs 82 ECONOMIC DEVELOPMENT RATE SCHEDULE EDR
  • Hearing Exhibit 102, Attachment SWW-1 Proceeding No. 20A-0345E

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