C.R.S. § 40-4-123: Electric utilities - interconnection information - disclosure for federal clean electricity investment credit compliance - definitions.

(1) As used in this section, unless the context otherwise requires:

(a) "Federal credit" means the federal clean electricity investment credit authorized under section 48E of the federal "Internal Revenue Code of 1986", 26 U.S.C. sec. 48E.

(b) "Interconnection utility" means an investor-owned electric utility.

(c) "Material assistance cost ratio" means the measurement of how much of a project's cost is from nonprohibited foreign entity sources and is calculated in accordance with 26 U.S.C. sec. 7701 (a)(52)(D) or any successor federal statute.

(d) "Qualified interconnection property" has the meaning set forth in 26 U.S.C. sec. 48E (b)(4).

(2) An interconnection utility shall, upon written request, provide a taxpayer claiming the federal credit any information or certifications reasonably necessary for a determination of compliance with applicable federal requirements, including the material assistance cost ratio. The information or certifications must include, to the extent it is available, information regarding the origin, cost, and constituent components of any property or equipment, including associated labor costs, that is required for calculating the material assistance cost ratio for qualified interconnection property.

(3) An interconnection utility shall provide the information or certifications requested pursuant to subsection (2) of this section within a reasonable time frame and in sufficient detail to enable the taxpayer to perform the required calculations and certifications required under federal tax rules and guidance regarding the federal credit.