Opinion: Exploring energy options
W ith Boulder voters approval of Ballot Issue 2B by more than a 2-1 margin the exploratory process got started at the Dec. 21 City Council study session. In brief, the proposed energy strategy focuses on local integration of supply and demand so as to maximize the value and minimize the cost of renewable energy. There seem to be two possible legal/regulatory strategies to support this outcome — either have a fundamentally new arrangement with Xcel, that would not be a standard franchise, or create a municipal electric utility that would be independent of Xcel and the PUC. The reasoning is simple — the city does not have the authority to do most of what is needed without pursuing one legal strategy or the other. For example, the only obvious way around the objections by Fannie Mae and Freddie Mac to imposing liens on properties for bond-financed energy improvement loans is to collect through the utility bills, but that requires a special agreement with Xcel. Or if the city invested ...