Direct Lending Revolving Loan Program (Colorado)

From Open Energy Information

Summary

Last modified on December 17, 2014.

Financial Incentive Program

Place Colorado


Name Direct Lending Revolving Loan Program
Incentive Type State Loan Program
Applicable Sector Commercial, Industrial, Nonprofit
Eligible Technologies Solar Water Heat, Photovoltaics, Wind, Other Distributed Generation Technologies, Yes; specific technologies not identified
Active Incentive Yes
Implementing Sector State/Territory
Energy Category Renewable Energy Incentive Programs, Energy Efficiency Incentive Programs
Amount Minimum loan amount of 100,000














Program Administrator Colorado Housing Finance Authority
Website http://www.colorado.gov/cs/Satellite/GovEnergyOffice/CBON/1251599938908


References DSIREDatabase of State Incentives for Renewables and Efficiency[1]


Summary

The Colorado Energy Office (CEO) provides financing to "eligible and extraordinary projects and companies that promote energy efficiency or renewable energy." The program is intended to fill gaps in financing opportunities and provide capital to companies and projects not capable of securing financing from the private sector.

Financing obtained through this program can be used for a wide array of projects. The Loan Committee uses a range of criteria to evaluate loan applicants and projects, including:


  • financial strength of an applicant,
  • job creation potential,
  • reduction in consumer costs,
  • energy security,
  • environmental stewardship,
  • addressing financing gaps, and
  • leveraging potential.

Borrowers interested in receiving financing through this program must first submit an application to either the CEO or the Colorado Housing Finance Authority. Potential applicants, however, are encouraged to contact the CEO before submitting an application for an initial assessment of their project.

<metadesc> Direct Lending Revolving Loan Program: energy incentive program. </metadesc>

Incentive Contact

Contact Name Tim Dolan
Department Colorado Housing Finance Authority
Address 1981 Blake Street
Place Denver, Colorado
Zip/Postal Code 80202
Phone (303) 297-7318
Phone 2 (800) 877-2432
Email tdolan@chfainfo.com
Website http://www.chfainfo.com
Contact Name Paul Scharfenberger
Department Colorado Energy Office
Address 1580 Logan Street
Address 2 Suite 100
Place Denver, Colorado
Zip/Postal Code 80203
Phone (303) 866-2432


Email paul.scharfenberger@state.co.us
Website http://www.colorado.gov/energy



  • Incentive and policy data are reviewed and approved by the N.C. Solar Center's DSIRE project staff.[1]

References

  1. 1.0 1.1  "Database of State Incentives for Renewables and Efficiency" Cite error: Invalid <ref> tag; name "DSIRE" defined multiple times with different content