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 The American Reinvestment and Recovery Act of 2009 (ARRA) appropriated $3.1 billion for the Department of Energy’s State Energy Program (SEP), which provides funding to state energy offices (SEOs) for energy efficiency and renewable energy programs. The following page summarizes Colorado's planned use of the funding.
Total Stimulus Funding in Colorado: $46,417,748
Colorado is soliciting proposals for the following program areas under the State Energy Program (SEP):
| Program Area |
Description |
Budget
Total |
| Residential Programs |
- Promoting advanced energy codes (third party contractor)
- EE in new home construction (third party contractor to help create model EE design book)
- Existing home EE upgrades and improvements
|
$5,688,328 |
| Renewable Energy Development and Expansion |
- Rebates and Grants
- Renewable Energy Workforce Training (partner with “appropriate institutions to ensure that trainings are held in geographic locations where the technologies can be deployed and jobs created and retained”)
- Renewable Energy Development Team: determines highest potential projects for development, conduct feasibility study
|
$9,775,334 |
| Commercial Buildings Programs |
- Existing Buildings: 13 pre-approved ESCOs
- High Performance Buildings
|
$4,938,258 |
| Public Information and Outreach |
- Provide CO residents and businesses with access to information about energy efficiency and renewable energy measures
|
$4,762,490 |
| Finance/Capital Investments |
- Provide access to short term and intermediate low cost capital for renewable energy and energy efficiency projects within commercial and residential sectors
- Debt Financing
|
$19,248,127 |
| Greening Government Programs |
- Goals by 2012: 20% energy reduction, 10% water reduction
- Program offerings include facilitating Energy Performance Contracts projects and aiding in the wide spread installation of cost effective energy efficient and water-reduction technology, providing strategies and removing barriers to improve the efficiency of the state fleet, developing materials management programs, including an environmentally preferable purchasing policy.
|
$723,348 |
| Utility and Transmission Programs |
- Explore changes in rate structure
- Public education on energy conservation
- Long term EE and RE resource planning
- Introduction of EE/RE technologies in industry, buildings, transportation, and utility sectors
- Reduce peak demand
- Feasibility studies for EE/RE technologies
- Programs for EE/RE technologies to link energy and environment objectives
- Partnering with utilities on supply side management
|
$1,281,863 |
Financing and Capital Grants Programs |
- Reduce financial barriers to rapid deployment of renewable energy and energy efficiency in CO
- Debt Financing
- New Energy Economy Development (NEED): for current EE and RE projects at final stages of development
- Revolving loan fund
- Renewable Energy Financing Program
- Colorado Center for Renewable Energy and Economic Development (CREED)
|
$19,248,127 |
Related Resources:
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