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FOR IMMEDIATE RELEASE$24 Million in Grant money has been awarded to Boulder, Garfield and
Denver County for installing energy efficient roof systems!
04/29/2010
-- While attending a Shingle Recycling meeting in Boulder Frontier
Roofing Systems found out about a grant that has been awarded to
Boulder, Denver and Garfield counties for the installation of energy
reducing products to homes and businesses.
Press Release: $25M for CO. Retrofit Ramp-Up Program
OFFICE OF GOV. BILL RITTER, JR.
WWW.COLORADO.GOV/GOVERNOR
FOR IMMEDIATE RELEASE
WEDNESDAY, APRIL 21, 2010
GOV. RITTER ANNOUNCES $25M FOR COLORADO RETROFIT RAMP-UP PROGRAM
Gov. Bill Ritter announced today that Colorado is one of several states
selected for Recovery Act funding to “ramp up” energy efficiency
building retrofit projects. The state – in partnership with Boulder,
Denver and Garfield counties and Xcel Energy – has been awarded $25
million as part of the U.S. Department of Energy’s $452 million
nationwide Retrofit Ramp-Up initiative.
“Homes, commercial buildings and other structures consume significant
amounts of energy,” Gov. Ritter said. “One of the most effective ways to
save energy is to retrofit existing buildings to make them more
efficient. It saves money. It saves energy and it just makes good common
sense as we transform to a clean energy future and continue to advance
Colorado’s successful New Energy Economy.”
Colorado’s $25 million award will help launch a retrofit program that
will stimulate economic growth and investment in Colorado through
large-scale retrofits in neighborhoods and commercial districts in
urban, suburban and rural areas. Delivery of retrofits will be
coordinated through a "Two Techs and a Truck" program, providing on-site
outreach, audit and implementation services to businesses and
residential homeowners and tenants, including efficiency testing and
systems installation.
The retrofit ramp-up initiative follows the Governor’s Energy Office’s
launch this week of Recharge Colorado <http://www.rechargecolorado.com/>
, an $18 million effort that has awarded 17,000 rebates to Coloradans
for energy-efficient home appliances, water heaters, furnaces and
weatherization services.
Vice President Joe Biden announced the national “ramp-up” energy
efficiency campaign earlier this morning. Communities, governments and
nonprofits will work together on pioneering and innovative programs for
concentrated and broad-based retrofits of neighborhoods and towns - and
eventually entire states. These partnerships will support large-scale
retrofits and make energy efficiency accessible to hundreds of thousands
of homeowners and businesses.
In addition to the $452 million Recovery Act investment, the 25 projects
announced today will leverage an estimated $2.8 billion from the private
sector over the next three years to retrofit hundreds of thousands of
homes and businesses across the country. Grantees will employ innovative
financing models to make these savings accessible, for example by
offering low and no-interest loans that are repaid through property tax
and utility bills. Overall, the program was eight times oversubscribed,
with more than $3.5 billion in applications submitted for the just over
$450 million in Recovery Act funds available, indicating significant
demand for investment in energy-saving and job-creating projects like
these nationwide.
The Retrofit Ramp-Up projects, which are part of the overall $80 billion
Recovery Act investment in clean energy and energy-efficiency,
complement the Obama Administration's 'Recovery through Retrofit'
initiative, which lays the groundwork for a self-sustaining and robust
home energy efficiency industry. The awards are the competitive portion
of DOE's Energy Efficiency and Conservation Block Grant (EECBG) Program,
which was funded for the first time under the Recovery Act to help
state, local, and tribal communities make strategic investments in
improving energy efficiency, reduce energy use and fossil fuel
emissions.
Potential Impact:
Achievements
expected during the three-year project period and the three years
post-project include:
Retrofitting over
485 million sq. ft.
of space in
over 210,000 homes and commercial buildings
Leveraging the $75 million of EECBG funds to generate
$540 million of investment
in energy
efficiency and renewable energy retrofits
Reducing greenhouse gas emissions by more than
600,000 metric tons
Developing green job training opportunities and creating and
retaining over 9,500 jobs
For information please go to the
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