Opinion: The Xcel proposal and the ‘pause’ fantasy
Xcel is a for-profit monopoly that was created in 1998 to take advantage of outmoded, non-competitive, but highly profitable regulated utility systems in multiple states. Xcel wants Boulder to give up its chance for freedom in exchange for a new franchise that effectively locks Boulder to Xcel for 20 years, guarantees nothing of substance in return, and from which the escape terms are so expensive or painful that they could not ever be used. As Camera readers, I suspect you’ve already read about the flaws in Xcel’s proposal. But just to reiterate some important points: Practically everything would have to go through PUC review, and so could easily be stopped. The renewable energy programs offered are either already available or overpriced. And giving Boulder what it doesn’t offer to others would put Xcel at risk in all sorts of ways. Perhaps the biggest flaw is that Boulder could not really enforce the terms. It was clear going into discussions over a year ago that it would be a ...