January 07, 2009 12:04 AM UTC

How Can We Make Renewable Energy Affordable?

• 0 Comments
• by: morgancarroll

( – promoted by Colorado Pols)

Colorado has an abundance of solar and wind energy, yet it is EXPENSIVE!  Going green shouldn’t just be for the wealthy, which is why affordable financing for mainstream Colorado is so critical.

If we make renewables accessible for most folks, there is an enormous potential for job creation while greening up our grid.

I’ll be introducing the Renewable Energy Finance Act tomorrow.

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.

If you were a Colorado legislator what else would you do to make renewable energy more affordable / accessible?  You have a chance to impact actual legislation.