RELEASE: Carroll Introduces Renewable Energy Financing Act
RELEASE:
A Job Creation Bill Brings Renewable Energy to the Masses:
Carroll & Levy to Introduce Renewable Energy Financing Act
The Renewable Energy Finance Act of 2009 was introduced by Sen. Morgan Carroll (D-Aurora) and Rep. Claire Levy (D-Boulder).
Colorado has been described as the Saudi Arabia of Solar and Wind, yet average homeowners can scarcely afford to participate.
This bill facilitates four different financing options that allow monthly payments:
1. 3rd party lease agreements;
2. bank loans;
3. credit union;
4. mortgage
These loans or payment plans can be used for:
1. solar;
2. geothermal;
3. wind or
4. energy efficiency upgrades
for residences or businesses.
This measure will bring investment capitol to Colorado, make alternative energy upgrades more affordable for hundreds of thousands of people and create new jobs.
“Access to renewable energy should not just be for the rich. We can create many good-paying jobs and finally give access to the renewable revolution to thousands of energy-conscious Coloradans.”, said Sen. Morgan Carroll (D-Aurora).
January 9th, 2009 at 5:36 pm
We want to make sure that in reviving our infrastructure we don’t create new jobs in another country. Part of this should require that materials or systems used be made in the U.S.A. We need jobs! People with money in their pocket will cure a recession.
January 10th, 2009 at 11:27 pm
VERY good point. This program will be for Colorado businesses, Colorado residents, Colorado lenders and Colorado jobs.
April 17th, 2009 at 10:50 pm
What is the status of this bill? I’ve been unable to find it on the General Assembly’s website.