Glenwood Springs Council Supports Energy Finance District

Glenwood Springs, Colorado has decided on creating a "Clean Energy Financing District" for commercial and residential property owners of that area. What this designation does is allow property owners to receive low-interest, long-term loans for any clean energy project. The loan then gets attached to their property taxes and they gradually pay it off. If they sell the property, the loan stays with the property and is assigned to the new owner. We've seen this model before in Boulder, Colorado with the Boulder County ClimateSmart Loan Program. This model is a great way to promote clean energy, reduce carbon emissions, create jobs, and improve the economic vitality of the region.