A western RTO would increase competition and lower energy costs for Coloradans
DENVER, CO, December 1, 2021 — Today, national business group Advanced Energy Economy (AEE) commended the members of Colorado’s Public Utilities Commission (PUC) for acknowledging the consumer, environmental, and economic benefits of a Regional Transmission Organization (RTO). A new report by Colorado’s PUC found that electric utility participation in a regional wholesale market could reduce electricity costs for consumers by up to 5% annually while accelerating the state’s clean energy goals.
“Coloradans deserve the energy security and economic benefits that a Western RTO will provide, and going it alone is not an option we can stake Colorado’s energy future on,” said Emilie Olson, Principal at AEE. “This report shows that good regional planning and coordination with our neighbors is the answer to developing a clean energy system that lowers energy costs for households and businesses.
“AEE looks forward to working with the Colorado PUC and other decision makers to move efficiently toward a Western RTO that aligns with state policy goals and makes Colorado the leading voice in shaping the future of the region’s grid,” added Olson.
- AEE blog: Colorado Takes the Lead in Advanced Energy Legislative Progress (July, 2021)
- AEE press release: AEE Joins Governor’s Signing Ceremony for Landmark Regional Electricity Grid and Transmission Bill (June, 2021)
- AEE blog: With Senate Approval and Early Success in the House, Colorado Bill Promises Modern Grid and Regional Market (May, 2021)