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On June 8, the city and Xcel Energy jointly announced that we are engaged in discussions about a possible settlement to ongoing litigation related to municipalization. Read the press release for more information.
On May 10, staff provided council with an update to municipalization. Read the memo , watch the study session or view the presentation to learn more.
Visit the News and Events Archive for previous updates on municipalization.
Boulder Energy Future
The Energy Strategy and Electric Utility Development Project, in coordination with the City Manager’s Office and City Attorney’s Office, performs work related to forming a locally owned utility and developing future energy strategies. Together, municipalization and the city's other energy initiatives create Boulder Energy Future.
Our Energy Vision
Transition to 100 percent renewable electricity is essential to achieving an 80 percent reduction in carbon emissions by 2050.
- Expand rooftop, community and utility-scale solar energy
- Boost percentage of wind-produced energy in the energy supply
- Encourage use of residential and utility-scale battery storage
- Phase out fossil fuel use for electricity generation (for information on plans to phase out fossil fuel used for heating, cooling and transportation, read Boulder's Climate Commitment at www.boulderclimate.com )
The electric system is fundamental for reliability and the ability to integrate a growing amount of distributed and renewable generation.
- Improve safety, reliability and efficiency
- Integrate new technology and local generation
- Increase customer choice
- Ensure a resilient electric system and prepare for potential disruption due to climate change
Xcel Energy receives approximately $35 million in profits annually from Boulder ratepayers. This money could be retained and reinvested in our own electric system and support the local economy.
- Invest in our electric system to support new technology that improve reliability, energy costs, efficiency and customer choice
- Retain and attract capital investment in our community
- Develop a market for innovative energy products and services
- Build a platform for clean tech development to facilitate partnerships with local and regional innovators
Since 2011, the City of Boulder has explored creating its own municipal electric utility (municipalization) as a path to achieving its goals of 100 percent clean energy and an 80 percent reduction in carbon emissions by 2050.
The city’s analysis shows that forming a municipal electric utility is one way to to achieve its energy goals, but it remains open to working or partnering with Xcel Energy to find an alternative that is consistent with the city and community’s energy vision.
For more information on how the city reached its decision to explore municipalization, visit the About page.
Boulder's Climate Commitment
Transitioning to clean, local and renewable energy is our best opportunity to make a positive impact on climate change. Energy is Boulder’s primary climate focus at this time. While energy efficiency and related investments are essential to long-term impact, we need to fundamentally transform our energy system—electricity, gas, transportation fuels—to achieve our climate goals. For more information on energy and the city's climate commitment, visit www.boulderclimate.com .
1101 Arapahoe Ave.
Boulder, CO 80302