Aspen - Solar Power Pioneer Loan Program

November 24, 2009

Summary

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.

Program Overview

Implementing Sector: Local
Category: Financial Incentive
State: Colorado
Incentive Type: Loan Program
Web Site: http://www.aspencore.org/sitepages/pid130.php
Administrator: Community Office for Resource Efficiency (CORE)
Start Date:
Eligible Renewable/Other Technologies:
  • Solar Water Heat
  • Solar Photovoltaics
Loan Term: 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.

Contact

Name: Public Information
Organization: Community Office for Resource Efficiency (COR
Address: 111 AABC Suite M
Aspen CO 81611
Phone: (970) 925-9775
Email: Pitkin@EnergySmartColorado.com

This information is sourced from DSIRE; the most comprehensive source of information on incentives and policies that support renewables and energy efficiency in the United States. Established in 1995, DSIRE is operated by the N.C. Clean Energy Technology Center at N.C. State University.