* CITY OF BOULDER BALLOT ISSUE 2C: Public Service Company Franchise
Summary of City of Boulder Ballot Issue 2C: If approved by voters, the city would pause its ongoing efforts to create a municipal electric utility and enter a new 20-year franchise with Colorado’s largest investor-owned utility, Xcel Energy. The settlement package includes several other important provisions, including opportunities for the city to exit the franchise agreement under certain conditions; clear emissions benchmarks; and a framework for innovative projects the city, Xcel Energy and the community could implement together.
Recommendation Rationale: The Democratic community and climate activists in Boulder County is split on the issue of municipalization more than they have been since muni passed. As a result, we recommend the BoCo Dems remain neutral.