Guzman Energy says it has the capital to make substantial shifts in Rocky Mountain co-ops’ energy supplies.
Critics say the bill “enshrines monopoly” at a time when regulators should be considering a different model.
Gov. Jared Polis’ proposal could make new fossil fuel plants less attractive while speeding up the closure of existing ones.
The utility says its interim goal of 80 percent carbon reduction by 2030 can be met with existing technology.
As a Colorado energy provider deals with an insurgence of member co-ops seeking cleaner power and better rates, a deal being discussed this week may allow it to hang on to its biggest customers, as well as solicit new ones.