About CETA
What and Why
The Colorado Electric Transmission Authority is an independent, political subdivision of the state. It was created in 2021 by Colorado lawmakers to enable the development of electric transmission facilities that will deliver clean energy resources to Coloradans and our neighbors. The powers of CETA are vested in its nine-member Board of Directors. CETA has the power to:
Engage in transmission planning activities that would increase grid reliability, help Colorado meet its clean energy goals, and aid in economic development.
Identify and establish corridors for the transmission of electricity with the state.
Coordinate, investigate, plan, prioritize, and negotiate with entities within and outside Colorado for the establishment of interstate transmission corridors.
Consider options and alternatives to increase the efficient use of the transmission system. Options and alternatives may include storage and advanced transmission technologies.
Issue and sell electric transmission bonds to undertake projects.
Exercise the power of eminent domain for acquiring property or rights-of-way necessary for projects.
Enter into partnerships with public or private entities to develop projects.
Conduct a transparent and competitive process to select a qualified transmission operator to carry out all required financing, planning, acquisition, maintenance, and operation of electric transmission facilities and related infrastructure.
Collect payments of reasonable rates, fees, interest, or other charges from operating or leasing existing facilities to finance future projects and render other services.
