Xcel Energy officials threaten to discontinue solar rebates, energy efficiency programs in Boulder, Colorado, if voters there choose to break with Xcel, create municipal utility instead

Rachel Carter

Rachel Carter

BOULDER, Colorado , October 21, 2011 () – Xcel Energy officials are threatening to cut solar rebates and energy-efficiency programs if Boulder voters approve a plan to break from Xcel and start a municipal utility.

Xcel regional vice president Jerome Davis said in a letter Tuesday that during the five or more years it will take to form the utility, the company may have to discontinue the programs.

According to the Boulder Daily Camera (http://tinyurl.com/4yfsjmm ), Boulder Mayor Susan Osborne calls Xcel's threat a ploy by a desperate corporation to block the initiative.

Before Xcel's 20-year franchise agreement with Boulder expired last year, the city started exploring whether to create a municipally owned utility as part of efforts to reduce greenhouse gas emissions and get more energy from renewable sources.

* All content is copyrighted by Industry Intelligence, or the original respective author or source. You may not recirculate, redistrubte or publish the analysis and presentation included in the service without Industry Intelligence's prior written consent. Please review our terms of use.

Share:

About Us

We deliver market news & information relevant to your business.

We monitor all your market drivers.

We aggregate, curate, filter and map your specific needs.

We deliver the right information to the right person at the right time.

Our Contacts

1990 S Bundy Dr. Suite #380,
Los Angeles, CA 90025

+1 (310) 553 0008

About Cookies On This Site

We collect data, including through use of cookies and similar technology ("cookies") that enchance the online experience. By clicking "I agree", you agree to our cookies, agree to bound by our Terms of Use, and acknowledge our Privacy Policy. For more information on our data practices and how to exercise your privacy rights, please see our Privacy Policy.