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10No- to Low-interest Financing

Progress

On time
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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.

Description

While there are financing options available for energy efficiency, electrification, and renewable energy projects through the state's Colorado Clean Energy Fund, City staff are staying abreast of grant opportunities that could provide seed funding for a revolving loan fund or on-bill financing in Longmont.

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Summary and contacts

Contact persons

  • Susan Bartlett
    Director, Energy Strategies & Solutions
    Longmont Power & Communications
Information updated 07/05/2024

How this action contributes to the outcome