August 27, 2026 City of Boulder City Council Study Session

Xcel Energy Partnership Update Staff Time: 30 Min Council Time: 60 Min Total Time: 90 Min

So accelerating our emissions reductions, improving the safety, reliability, and resilience of our electric system

And then we'll wrap things up with going over our border emissions targets through our energy partnership agreement

power when it was necessary to avoid any damage in the community

since we reentered our franchise and started our energy partnership agreement in our second border report

And our overarching goal is to be net zero by 2050

by 2030 we will be 85% carbon-f free. That means our customers will be receiving

our resilience hub grant program that did close in the middle of August

provide bill assistance for customers that might have uh disabilities

we committed in our last our electric and our gas rate case to make a $10 million contribution for energy assistance

people are very interested in resilience hubs or resil resiliency hubs

Resilience hubs are great, but when there are 90 mph winds and 100 degree temperatures

when they trusted us to re-enter a franchise agreement that it pays off

on average we're 39% below the national average even with this next rate increase coming up

advance natural area management harmonizes ecological health with public safety through shared community responsibility

We spent a lot of time giving our community really good information about wildfire risk, defensible space, and home hardening

We already have videos on defensible space, home hardening, and the history of wildfire

I would love to, you know, empower them whatever they need budget-wise or FTE wise

some are general funded um projects and programs and some of course are are funded by open space funds

our prescribed burn program may be a little bit underresourced

the different water supply scenarios that we modeled and we discussed with council during the Boulder Valley comprehensive plan

We have a good partnership with Boulder Housing Partners and so we've done assessments for almost 30 of their properties

was curious what the overlap is with area three

Please come to us with where in the budget those tradeoff conversations could occur