Zero net carbons
It's actually quite slick, a virtual game of three-card Monte. Who uses the renewable energy? Who pays for it? Who gets credit for it?
Xcel already provides renewable energy. They have to by law. Under their Boulder proposal, they won't have to provide a single kilowatt-hour more. Xcel claims that this wind power generation capacity will be built specifically for Boulder, but that is disingenuous. It will still count against Xcel's statewide renewable energy mandate.
They think they've found a mark for their con game. Boulder citizens want more renewable energy, and Xcel management is betting we'll willingly spend more to get it. They've also used the classic con strategy of telling us the deal is off the table if we don`t agree by November.
With Xcel's offer we'd be getting the same renewable energy that Xcel already has to generate, but we'll be on the hook to pay for it while everyone else in Colorado will get a price break.