Xcel Franchise Negotiations Likely To Drag Into Next Year

Daily Camera:

Boulder voters likely won’t get to decide whether to renew a franchise agreement between the city and Xcel Energy until late next year, as negotiations drag on over how much “green” electricity the company should provide.

According to a city memo, the private negotiations that have been ongoing for more than a year won’t be finished in time for a new agreement to appear on the November ballot this year.

City Manager Jane Brautigam said the city is just now “gearing up to really start more intensive negotiations” with utility officials.

Because the city’s agreement with the utility company expires in August next year, both sides are working to extend the contract through the end of 2010, Brautigam said.

The additional time will also allow for the Colorado Public Utilities Commission to review a potential deal prior to a public vote.

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