Bowing to pressure from city officials, representatives of Xcel Energy on Tuesday night outlined the company’s long-awaited plan for keeping Boulder as a customer.
Paula Connelly, an attorney for Xcel, said the utility wants Boulder voters to approve two ballot measures in November.
The council has been exploring the possibility of asking voters whether the city should become a municipal utility or extend its longtime relationship with Xcel.
If Xcel gets its way, one question would ask voters to approve a new franchise agreement with the company, making it the exclusive provider of electricity to Boulder for the next 20 years.
A second question would ask voters to approve a public-private partnership in which Boulder customers would pay the difference between the cost of new wind energy on Xcel’s system and the company’s savings from having the wind energy on its grid.
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