Chris Hoffman: Renewable energy is wallet friendly

Dear Editor,

Re: “Official details plan if tax fails, Cuts could hit library hours, police services if voters reject Xcel Energy measure” by Heath Urie.

It would be a great shame for Boulder to be penalized for efforts to cut carbon emissions.  I applaud the Boulder City Council for voting to oppose renewing a 20-year franchise agreement with Xcel and instead to explore options to better serve our city’s needs and goals.  The price of renewable energy is rapidly declining, while coal costs continue to rise much more quickly than anticipated.  As this trend continues, we can expect an energy portfolio with more renewable energy not only to prove more planet-friendly, but also more wallet-friendly.

Voters should understand that without a franchise agreement, Xcel is required to continue providing power, but is not required to collect the franchise fee on our bills.  Ballot initiative 2B will replace this fee at no new cost to consumers.   This will ensure that our city’s budget and services are not negatively impacted by efforts to be environmentally responsible.

Chris Hoffman
Boulder

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