Colorado Code § 40-2-139

Investor-owned utility electric resource planning - maximum discount
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rate authorized. If the commission relies on the use of a discount rate when calculating net
present value of future carbon-based fuel costs in an electric resource plan, the discount rate
must not exceed the long-term rate of inflation, as determined by the commission. In
determining the long-term rate of inflation, the commission shall determine an appropriate rate
of inflation specifically for fuel costs.

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