| Implementing Sector: | Local |
| Category: | Financial Incentive |
| State: | Colorado |
| Incentive Type: | Loan Program |
| Web Site: | https://www.elevationscu.com/energyloans |
| Administrator: | Elevations Credit Union |
| Eligible Renewable/Other Technologies: | Solar Water Heat, Solar Photovoltaics, Biomass, Geothermal Heat Pumps |
| Eligible Efficiency Technologies: | Clothes Washers, Dishwasher, Refrigerators/Freezers, Water Heaters, Lighting, Furnaces, Boilers, Heat pumps, Air conditioners, Duct/Air sealing, Building Insulation, Windows, Doors, Motors, Food Service Equipment, Commercial Refrigeration Equipment |
The Elevations Energy Loan can be used to finance a wide variety of efficiency and renewable energy projects in homes and businesses. Homes and businesses located in Boulder County or the City and County of Denver are eligible for the low-cost financing. Loan applicants receive assistance from an Energy Advisor through EnergySmart and Denver Energy Challenge, respectively. Homeowners must select from a qualified pool of contractors. All borrowers will be required to pay a $25 processing fee and become members of Elevations Credit Union.
Elevations Credit Union has partnered with Boulder County and the City/County of Denver to offer this full-suite of services. Both EnergySmart and the Denver Energy Challenge help residents and businesses identify, finance, and schedule energy improvements in their homes. The “One Stop Shop” provides an energy advisor to each participant. The advisor can assist with scheduling an energy assessment, reviewing contractor bids, and identifying and applying for all applicable incentives.
Residents and businesses in Boulder County can contact EnergySmart at http://www.EnergySmartYES.com or 303-441-1300 (for businesses) and 303-544-1000 (for homes) for more information. Residents and businesses in the City and County of Denver can contact the Denver Energy Challenge at http://www.denverenergy.org or 720-865-5520 for more information. This video also provides additional information.
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A solar PV system is custom-designed for your home. Final solar system price may vary based on your location, monthly utility bill, government incentives and rebates, the condition of your home, and local installation prices. Solar PV system output and estimated savings are calculated based on several factors including product type, system production, geography, weather, shade, electricity use, full utilization of the 30% solar investment tax credit, and utility rate structures and rate increases. Savings on your total electricity costs are not guaranteed. Financing options and terms vary by location, and may not be available in all areas. Solar QC is neither the lender nor the project installer. Solar QC License# 1130591
