October 17, 2011
An Electric Utility for the 21st Century
Steve Pomerance, Denver Post
Ballot Issue 2C authorizes the city to form the utility, but only if stringent financial, reliability and environmental safeguards are met. Ballot Issue 2B increases the current Xcel utility occupation tax by about $1 a month for the average residential customer. This will pay to complete engineering plans and obtains the legal decisions that will finalize costs. If start-up rates will be at or below Xcel's, and all other conditions are met, the Boulder "muni" will be on its way, with local control, competitive rates, long-term price stability, and an expected 50 percent (or more) reduction in CO2 output from current levels. . .
TAGGED: electric generation, Denver, Colorado, public utilities, Denver Post