Jan. 31, 2019: The city sent a Notice of Intent to Acquire to Xcel Energy. This letter is a formal step in the process to acquire Xcel’s assets needed to operate as a city-run electric utility and begins negotiations between the parties. In December, City Council approved initiation of the acquisition process. The intent of this process is to determine a price for the assets prior to the 2020 community decision. The city will not purchase the assets without gaining voter approval.
Jan. 15, 2019: City to participate in PUC hearing on March 11 and 12 (moved from Feb. 25 and 26)
The City of Boulder, along with other intervening parties in the city’s transfer of assets application to the Colorado Public Utilities Commission (PUC), will participate in a hearing in February to address any concerns about the list of Xcel’s assets the city sought approval for transfer to operate a city-owned electric utility. Learn more.
January 2019: Updated analysis demonstrates that Boulder electric utility could achieve renewables goals
Based on recently updated information, a city-run electric utility could achieve 89% renewable energy by 2024 at an affordable cost. The city's analysis of the state of the power market revealed that there are power providers willing and able to serve Boulder's energy needs at costs consistent with low-cost bids across the industry and can meet the city's energy goals. Find out more about the city's power supply analysis in the city's Local Power Explainer.
Dec. 13, 2018: The city hosted a Local Power quarterly update at the West Senior Center. This public meeting included information about recent PUC filings, the process for acquiring Xcel property assets, and the most recent financial analysis and power supply. Staff also demonstrated the the Financial Forecast Tool. You can download the presentation .
Nov. 8, 2018: City begins process to determine acquisition costs. City Council held the first reading of a proposed ordinance that would allow the city to acquire Xcel Energy-owned property through negotiation or condemnation. Second reading and a public hearing will occur on Dec. 4. Read the Nov. 8 memo for more information.
Oct. 26, 2018: The city and Xcel Energy provided important legal filings to the Colorado Public Utilities Commission (PUC) regarding the city’s ongoing effort to create and operate a local electric utility. Find out more in the city’s press release.
Oct. 10, 2018: The city published an engagement guide that describes our plans for communication and public participation between now and the 2020 community decision. Read it to find out more.
Sept. 20, 2018: City Council unanimously approved two agreements with Xcel Energy. Read the memo for more information.
Sept. 17, 2018: T he city held a public information session to provide an update on the project and discuss agreements with Xcel Energy. Did you miss it? Watch the video below and download the presentation.
March 23, 2018: The city announced that engineering consultant, Steve Catanach, had been selected to succeed Heather Bailey as Director of Electric Utility Development. Catanach has been working with the city since 2015 as a part of the municipalization effort.
March 19, 2018: The city held a Listening Session to discuss desired skills and expertise for Energy Future leadership. The presentation from the event is available. Last month, Boulder Energy Future's current director, Heather Bailey announced her resignation, effective April 27. View Participant Responses .
Feb. 26, 2018: The city held a public information session to provide an update on agreements with Xcel Energy related to the city's plans to separate from Xcel's electric distribution system. Boulder and Xcel are nearly finished with two of three required agreements. The agreements are due March 13, but the city and Xcel will likely ask the Public Utilities Commission for an extension. A council public hearing on the agreements will be scheduled at a later date.
Feb. 20, 2018: Boulder Energy Future staff provided a summary of Xcel Energy's Electric Resource Plan , its roadmap for generating electricity in the future. The city is involved in the Public Utilities Commission Process to advocate for a plan that maximizes renewable energy use and minimizes reliance on coal and natural gas.
Feb. 16, 2018: T he city announced the 19 members of the Communications and Engagement Working Group .
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