Aspen - Solar Power Pioneer Loan Program (Colorado)

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Summary

Last modified on December 8, 2009.

Financial Incentive Program

Place Aspen, Colorado


Name Aspen - Solar Power Pioneer Loan Program
Incentive Type Local Loan Program
Applicable Sector Residential
Active Incentive No


Amount Varies













Terms Zero-percent interest; typical term of five years;

Must be a full-time resident of the Roaring Fork Valley;
May participate in loan program or rebate program, but not both.

Website http://www.aspencore.org/sitepages/pid130.php


References DSIRE[1]


Incentive Contact

Contact Name Nathan Ratledge
Department Community Office for Resource Efficiency (CORE)
Address P.O. Box 9707
Address 2 215 N. Garmisch St.
Place Aspen, Colorado
Zip/Postal Code 81612
Phone (970) 544-9808


Email nathan@aspencore.org
Website http://www.aspencore.org



The Community Office for Resource Efficiency (CORE) has partnered with the Community Bank of Colorado to provide zero-percent financing on loans for photovoltaic or solar hot water systems. The typical loan term is five years and loan amounts vary based on system size. After determining the system size, call CORE to advise loan amount.

Loan applications are available at Community Banks of Colorado in Aspen or Basalt. If loan is approved, participants are responsible for the principle payments, and CORE will pay the interest. Call the Community Banks of Colorado at (970) 544-8282 for more information.

A rebate program is also available for solar projects, but not in conjunction with this loan program.

References

  1. DSIRE Database of State Incentives for Renewables & Efficiency accessed 2009-12-08