Take our Time with Energy Decision
I received a couple of emails from folks who told me I was wrong. Xcel would sell the renewable energy credits associated with the new wind energy to Boulder, and Boulder would get the RECs.
However, the Colorado statute that mandates utilities to provide a minimum percentage via renewable and recycled energy doesn't mention RECs. It just says that the utility has to generate or cause to be generated the energy.
The Public Utility Commission rules that implemented that law say that a utility will use RECs to meet the mandate, but they don`t seem to say that RECs are the only way to meet the mandate.
Confused? According to Xcel, the interpretation of this requirement doesn't matter. They say that they`ve already gotten enough renewable energy lined up to meet the mandate without Boulder, and to meet it early. Whether or not they are allowed to count the Boulder wind toward the 30 percent, they are not planning on doing so.
They don't need us.