BOULDER, Colo. (AP) - Xcel Energy has donated $300,000 to a group campaigning for a Boulder charter amendment that would require a vote on the total debt limit of any future municipal electric utility.
Xcel's campaigners tell the Boulder Daily Camera the donation is necessary because backers of municipalizing the utility got a $60,000 donation from the Sierra Club and others who oppose Xcel's efforts to keep control of electric service.
The Boulder City Council has authorized the purchase of Xcel Energy's assets as it moves toward creating a municipal electric utility.
The plan requires the utility to offer more renewable energy than Xcel at similar or lower rates.
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