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Hi, I’m Brad Feld, a managing director at the Foundry Group who lives in Boulder, Colorado. I invest in software and Internet companies around the US, run marathons and read a lot.

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A Critical Vote on the Off Ramps In Boulder’s Energy Policy

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Please ask Boulder City Council to vote NO on proceeding with inadequate decision criteria November 15.

There is a critical vote in Boulder City Council on this Thursday, 11/15, about the “Off Ramps” in the exploration to explore the municipalization of Boulder’s power system. My understanding was that this was still in an exploration phase. Apparently, this particular vote is to effectively eliminate the “off ramps” that would potentially cause Boulder not to municipalize in case it wasn’t economically feasible.

My partner Jason wrote an important post yesterday titled Boulder It’s Time to Get Serious About Our Energy Situation – Call City Council. His key finding in his early exploration was:

This Thursday, on November 15, 2012 the City Council will vote on these off ramp metrics.  In other words, this is the framework they will rely on to determine whether or not Boulder is going to go-it-alone on power.  And I feel these metrics are very flawed and bias the decision to separate, rather than unbiased to get us to the correct decision.  I’ve spent time with several folks in the community who are experts on these matters and who are spending their own time and money analyzing these metrics.  They are convinced they are flawed and I’m convinced their scientific method is sound.

Please send an email to Boulder City Council immediately (send the email to council@bouldercolorado.gov) that you do not support a vote for adequacy of the “off-ramp” decision metrics proposed by Heather Bailey (which are the current metrics).  They do not represent our risks of greatly increased electric rates, reduced reliability, and unsupportable bond debt due to creating a Boulder municipal power enterprise.

Please vote NO on proceeding with inadequate decision criteria November 15.

For more detail, take a look at the thorough presentation by Roger Koenig.

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