Jan. 27, 2012 - Possible law firms to give presentations on municipalization, FERC qualifications
Andrew Barth, Energy Future, 303-441-1937
The City of Boulder invites the public to view presentations by law firms that have been chosen as finalists to assist in Federal Energy Regulatory Commission (FERC) proceedings related to the city’s municipalization efforts. The firm selected will advise the city in all matters related to FERC requirements and services while the city examines the feasibility of forming its own electric utility.
FERC counsel will be important in assisting the city through federal regulatory requirements associated with the creation of a municipal utility, including proceedings associated with the FERC, and issues surrounding open access transmission tariff, stranded costs, and North American Electric Reliability Corporation (NERC) compliance issues.
Boulder City Council has said it will not make a decision about whether to issue bonds to pursue municipalization until it knows the city can meet FERC regulations and all costs associated with acquisition are known. The firm will work closely with city staff and FERC counsel, and engineers as the city creates a separation plan and conducts negotiations for potential municipalization.
For more information regarding the city’s work related to potential municipalization, including short biographies about the firms, visit www.BoulderEnergyFuture.com.
Last Updated on Friday, 15 June 2012 08:05