Last DSIRE Review: 07/30/2009
Program Overview:
| State: |
Colorado |
| Incentive Type: |
State Grant Program |
| Eligible Efficiency Technologies: |
Yes; specific technologies not identified |
| Eligible Renewable/Other Technologies: |
Solar Thermal Electric, Photovoltaics, Wind, Biomass, Hydroelectric, Fuel Cells, Small Hydroelectric, Renewable Fuels, Other Distributed Generation Technologies |
| Applicable Sectors: |
Commercial, Industrial, Residential |
| Funding Source: | Federal American Recovery and Reinvestment Act funds | | $2 million for latest round |
| Web Site: |
http://www.colorado.gov/energy/resources/funding-opportunities.as...
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Summary:
In 2007, the Colorado Legislature appropriated money to the Governor's Energy Office (GEO) from the limited gaming tax and the severance tax to establish and maintain the state's Clean Energy Fund. All moneys in the Clean Energy Fund are continuously appropriated to the GEO for the purposes of advancing energy efficiency and renewable energy throughout the state. The New Energy Economic Development (NEED) program previously received its funding from the Clean Energy Fund to provide grants to support renewable energy and energy efficiency throughout the state.
In July 2009, the GEO announced a new round of funding using $2 million allocated to Colorado by the federal American Recovery and Reinvestment Act. Grants will be awarded on a competitive basis. The submission deadline for this round was 5pm on August 28th, 2009. It is mandatory that funded projects begin construction within three months of the execution of the contract and have a targeted completion date within eight months of the contract execution date. More details and specific project requirements are available on the website above.
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