Holy Cross Energy has grants for commercial cost efficiency | VailDaily.com

Holy Cross Energy has grants for commercial cost efficiency

Daily staff report

GLENWOOD SPRINGS — Holy Cross Energy has announced its 2017 Think Efficiency grant program, offering $300,000 in matching grant funds for commercial customers to carry out electric efficiency projects by Dec. 31.

The matching grants can cover up to 50 percent of project costs for businesses and up to 75 percent of project costs for charitable organizations who own their building or have a lease extending for at least two years.

Think Efficiency

A project can be a bundle of electricity-saving measures at one or more facilities owned by the same entity, or can be a single upgrade project. Projects must be efficiency retrofits in existing buildings; new construction is not eligible.

Think Efficiency grants are offered in lieu of standard commercial efficiency rebates offered by Holy Cross. Projects are still eligible for additional funding from organizations such as Energy Smart Colorado.

The minimum grant amount is $2,500, and grants will be awarded until the $300,000 Think Efficiency fund is fully used.

Commercial customers must apply for grant funding by June 30, and projects that are awarded grant funds must be completed by Dec. 31.

In a separate incentive, Holy Cross is offering a bonus of up to $500 for contractors in an effort to get more contractors and commercial property owners involved with the utility’s energy efficiency rebate programs.

The bonus is offered to contractors for two types of circumstances:

• Contractors who are making their first-time referral of a Holy Cross commercial customer for an efficiency rebate will qualify.

• Any contractor who is working with a Holy Cross commercial customer that is making its first-time application for an efficiency rebate will qualify.

The bonus is good for projects completed between May 1 and Aug. 31, and qualifying contractors must submit the bonus form and the commercial customer’s rebate application form by Sept. 30.

For more information, go to http://www.holy cross.com.

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