Delta-Montrose Electric Association - Residential GeoExchange Loan Program

August 03, 2010

Summary

Delta Montrose Electric Association (DMEA) gives its residential members an opportunity to improve their homes' energy efficiency. DMEA will pay for the installation of the components of a GeoExchange system which are outside a member’s home (does not include ductwork or other “inside the house” elements). This upfront installation cost is recouped over time by DMEA through monthly payments applied to the utility bill. The exact monthly payment and energy savings potential varies depending on the home’s size, design and construction quality, as well as the type and condition of the existing heating system. To calculate the monthly payment and savings, a DMEA representative can

  1. Perform an energy analysis of the home
  2. Create a custom system design engineered specifically for the home
  3. Prepare a formal proposal that includes a calculation of the home's present energy consumption, an estimate of the potential energy savings, and a projected installation cost. Additional restrictions apply. See the program website or call DMEA at (970) 874-8081 for more information.

Program Overview

Implementing Sector: Utility
Category: Financial Incentive
State: Colorado
Incentive Type: Loan Program
Web Site: http://www.dmea.com/GeoExchange/GeoFAQ/tabid/103/Default.aspx
Administrator: DMEA
Start Date:
Eligible Renewable/Other Technologies:
  • Geothermal Heat Pumps
  • Other EE
Maximum Loan: not specified
Loan Term: Rate: not specified
Repayment: not specified

Contact

Name: GeoExchange Program
Organization: DMEA
Address: 21191 H75 Road
Delta CO 81416
Phone: (970) 874-8081

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.