Xcel has already done all the heavy lifting — building the generation and distribution infrastructure — and now Boulder thinks they can take over with all the hard work completed. But the operations & maintenance costs of an electrical utility are staggering. And as the infrastructure ages and has to be replaced, those costs will do nothing but go up.
This will become another liberal black hole that will swallow whole galaxies of money. And even eminent domain requires that the city pay Xcel a fair and reasonable price for its condemned property. Therefore, Xcel gets a huge cash windfall and Boulder buys a massive headache.
I didn’t see any of the generation assets included. That means Boulder will always have to buy power.