Serving the community since 1926
WEEK OF DECEMBER 14, 2023
VOLUME 97 | ISSUE 2
$2
Findings: Denver Basic Income What is the Project shows promising results so far reason for power cost increases? Colorado utility bills keep growing although the price of electricity is static BY MARK JAFFE THE COLORADO SUN
A Denver Basic Income Project participant holds a sign at a rally in Denver earlier this year.
800 participants of the project received money to help keep them out of homelessness BY GANNON ROTHMAN SPECIAL TO COLORADO COMMUNITY MEDIA
A project that has paid more than 800 of Denver’s residents experiencing homelessness is gaining confidence and showing life-changing results, according to the Denver Basic Income Project’s quantitative interim report. The Denver Basic Income Project is a 12-month program that has given
no-strings-attached cash payments to adults experiencing homelessness. The project hopes to fight income inequality for those who are unhoused. “Everyone can see we have an ongoing problem,” said Mark Donovan, the project’s founder. “We have a housing crisis and we have a lack of sufficient affordable housing. We’re facing an eviction crisis in 2024 and we also have an influx of migrants, so we have really big challenges as a community.” The project’s cash payments were broken into three groups. Group A received monthly payments of $1,000 for 12 months. Group B received $6,500 the first month followed by $500 a month for 11 months. Group C receives $50 a month for 12 months totalling $600.
CALENDAR: 9 | VOICES: 10 | LIFE: 12
After a six month follow-up, participants in the program reported spending their cash payments on vital things such as housing, transportation and obtaining a job. Donovan said he initially thought the project was going to be a small program, but after various foundations – including The Colorado Trust, The Colorado Health Foundation and The Denver Foundation – got behind it, the program was able to put up more money. So far, the Denver Basic Income Project has reached nearly $6 million, with most of the money coming from a total of 19 partner organizations, including $1.5 million from the Colorado Trust.
Bill Levis has tracked the ups and downs of utility bills for the past 14 years, first as director of the state Office of Consumer Counsel and then as a consultant for AARP, which represents retirees and older citizens. And when it comes to electricity bills, especially from the state’s largest provider Xcel Energy, the trend has gone in only one direction — up. Since 2019 the average monthly residential bill, for 600 kilowatthours of electricity, has risen 38% to $92.12, based on company figures. Utility bills are one of the biggest regular dings to any household’s budget, and with every Xcel announcement, the High Cost of Colorado marches upward. “We know it is going to go even higher as we go to renewables and they phase out coal-fired plants,” said Levis, whose office was the predecessor to the Office of the Utility Consumer Advocate. Electricity bills aren’t subject solely to the same market forces as food, or even rent. There are a host of things that go into rising electricity bills from the price of natural gas to run turbines to the cost of building new power stations and transmission lines to a raft of state mandated clean energy programs.
SEE RESULTS, P2
SEE INCREASES, P4
COURTESY OF ARMANDO GENEYRO DENVER BASIC INCOME PROJECT
DENVERHERALD.NET • A PUBLICATION OF COLORADO COMMUNITY MEDIA
COMMUNITY PIECES
Building community behind rise in board games P12