Green Colorado Credit Reserve

July 20, 2022


The Green Colorado Credit Reserve (GCCR) is a loan loss reserve that was created by the Colorado Energy Office (CEO) to incentivize private lenders throughout Colorado to make small commercial loans up to $100,000 for capital improvements that promote energy efficiency and renewable energy. The GCCR is administered by the Colorado Housing Finance Authority (CHFA) on behalf of the CEO.

How the Loan Loss Reserve Works

For each loan made by a participating lender, the GCCR will provide a loan loss reserve equal to 15% of the amount of the loan. For example, if a participating lender makes a loan for $100,000, the lender will have $15,000 available to cover any losses in case of loan default.

According to the CEO, A 15% loan loss reserve increases lenders’ risk thresholds, enabling them to offer lower interest rates for loans that promote energy efficiency and renewable energy. Furthermore, the loan loss reserve encourages banks to close multiple loans because the reserve aggregates as the lender makes more loans. For example, if a lender makes ten loans for $100,000, the lender will have aggregated $150,000 for any possible loan losses.

Contact the CEO Director of Finance & Operations for more information.

Program Overview

Implementing Sector: State
Category: Financial Incentive
State: Colorado
Incentive Type: Loan Program
Web Site:
Administrator: Colorado Housing Finance Authority
Start Date:
Eligible Renewable/Other Technologies:
  • Geothermal Electric
  • Solar Photovoltaics
  • Yes; specific technologies not identified
  • Other Distributed Generation Technologies
Maximum Loan: $100,000


Name: CEO Finance and Operations Director
Organization: Governor's Energy Office
Phone: (130) 386-6210

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.