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Unlocking Clean Energy: Colorado's No-Cost Electrification Program

Unlocking Clean Energy: Colorado's No-Cost Electrification Program

The Electrify and Save On-Bill Repayment Program, a new initiative in Colorado, facilitates energy efficiency and electrification for rural consumers at no upfront cost. Administered by the Colorado Clean Energy Fund (CCEF) and supported by Tri-State Generation and Transmission Association and its members, the program offers low-interest financing that is repaid through monthly utility bills. This innovative approach uses a consumer’s bill payment history rather than traditional credit scores, broadening accessibility. Participants can install energy-efficient home improvements like insulation and HVAC systems without initial financial barriers. The program also includes a $75 million loan from the U.S. Department of Agriculture to enhance rural energy advancements, emphasizing the commitment to sustainable energy solutions across Colorado.

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