Lead paragraph
Accessible financing, which does not rely on credit worthiness, is essential to ensure that all community members, particularly frontline community members, can purchase new equipment while managing the higher capital costs associated with electrification purchases.
Longmont Power & Communications staff are researching the relatively new on-bill repayment offering from Tri-State Generation and its member electric cooperatives to determine whether something similar could work in this jurisdiction. At the same time staff is looking at any available options for seed funding.