New Energy Economic Development Grant Program

August 30, 2011

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 August 2010, the GEO announced that it had issued 23 grants from its latest solicitation. The grants total $2.2 million allocated to Colorado by the federal American Recovery and Reinvestment Act.

Program Overview

Implementing Sector:	State
Category:	Financial Incentive
State:	Colorado
Incentive Type:	Grant Program
Web Site:	http://www.colorado.gov/energy/resources/funding-opportunities.asp
Administrator:	Governor's Energy Office
Start Date:	2007
Eligible Renewable/Other Technologies:	Solar Thermal Electric Solar Photovoltaics Wind (All) Biomass Hydroelectric Fuel Cells using Non-Renewable Fuels Yes; specific technologies not identified Wind (Small) Hydroelectric (Small) Fuel Cells using Renewable Fuels Other Distributed Generation Technologies

Contact

Name:	Seth Portner
Organization:	Governor's Energy Office
Address:	1580 Logan Street Denver CO 80203
Phone:	(303) 866-2100
Email:	seth.portner@state.co.us

This information is sourced from DSIRE; the most comprehensive source of information on incentives and policies that support renewables and energy efficiency in the United States. Established in 1995, DSIRE is operated by the N.C. Clean Energy Technology Center at N.C. State University.