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1 <br />2 <br />3 <br />4 <br />5 <br />6 <br />7 <br />8 <br />9 <br />10 <br />11 <br />12 <br />13 <br />14 <br />15 <br />16 <br />17 <br />18 <br />19 <br />20 <br />21 <br />22 <br />23 <br />24 <br />25 <br />26 <br />27 <br />SECTION 1. 40-9.7-102 (2), Colorado Revised Statutes, is <br />amended to read: <br />40-9.7-102. Legislative declaration. (2) The general assembly <br />further finds and declares that the purpose of this article is to create the <br />Colorado clean energy development authority and to endow the authority <br />with powers sufficient to enable it to: <br />(a) Facilitate the production and consumption of clean energy; axrel <br />(b) Increase the transmiission and use of clean energy by financing <br />and refinancing projects located within or outside the state for the <br />production, transportation, transmission, and storage of clean energy, <br />including pipelines, and related supporting infrastructure and interests <br />therein; AND <br />(C) FACILITATE THE EFFICIENT USE OF ENERGY. <br />SECTION 2. 40-9.7-103, Colorado Revised Statutes, is amended <br />BY THE ADDITION OF THF, FOLLOWING NEW SUBSECTIONS to <br />read: <br />40-9.7-103. Definitions. As used in this article, unless the context <br />otherwise requires: <br />(S.S) "ENERGY EFFICIENCY IMPROVEMENT" MEANS AN <br />INSTALLATION OR MODTFICATI~ON THAT IS DESIGNED TO REDUCE ENERGY <br />CONSUMPTION IN RESIDENTIAL OR COMMERCIAL BUILDINGS AND INCLUDES <br />ANY OTHER MODIFICATION, INSTALLATION, OR REMODELING AUTHORIZED <br />AS A UTILITY COST-SAVINGS MEASURE BY THE BOARD. <br />(13.5) "RENEWABLE ENERGY IMPROVEMENT" MEANS ANY <br />FIXTURE, PRODUCT, SYSTEM, DEVICE, OR INTERACTING GROUP OF DEVICES <br />INSTALLED BEHIND THE METER OF ANY RESIDENTIAL OR COMMERCIAL <br />-2- <br />1350 <br />