Commissioner King questions Ms. Elam on DSM budget caps during Colorado Energy hearing

In a recent government meeting focused on the Public Service Company’s Tariff On-Bill Financing Program, discussions highlighted the complexities surrounding budget management for demand-side management (DSM) initiatives. The meeting, held on July 11, 2025, featured key participants, including representatives from the Colorado Energy Consumers and the Public Service Company.

The primary topic of discussion revolved around the potential need for the company to exceed its established DSM budget to effectively implement the on-bill financing program. Commissioner Michelle King sought clarification from Ms. Elam, a representative of the Public Service Company, regarding her previous statements on this matter. Ms. Elam confirmed that while it is not preferable for the company to exceed its budgetary cap, she would not oppose it if necessary.

This exchange underscores the ongoing tension between fiscal responsibility and the need for innovative financing solutions in energy management. The on-bill financing program aims to facilitate energy efficiency improvements for consumers, but its success may hinge on the company’s willingness to adjust its budgetary constraints.

Additional discussions during the meeting included procedural clarifications and the importance of maintaining transparency in the decision-making process. These conversations reflect a broader commitment to ensuring that energy consumers in Colorado have access to sustainable and affordable energy solutions.

As the meeting concluded, the implications of exceeding the DSM budget remained a critical point of consideration. Stakeholders will be watching closely to see how the Public Service Company navigates these financial challenges while striving to implement effective energy programs that benefit consumers. The next steps will likely involve further discussions on budget adjustments and the potential impacts on energy efficiency initiatives across the state.