City and County of Denver - District Energy Conversion Incentive

CO Grant Program commercial investor-owned utility schools multifamily residential

Program Details

Program ID
22732
Last Updated
12/20/2024

Eligibility

Eligible Sectors
commercial investor-owned utility schools multifamily residential
Eligible Technologies
heat pumps

Program Summary

Denver is working towards a zero-emission future by 2040. Natural gas combustion accounted for nearly 22% of Denver’s greenhouse gas emissions in 2022 and increased 5% since 2018. Zero-emission ground-source, water-source, and multi-source thermal energy systems are needed as sustainable alternatives to fossil-gas based heating systems in Denver. Due to up-front costs, the adoption of such thermal energy systems has proven to be limited. The Office of Climate Action, Sustainability and Resiliency (CASR) intends to meet Denver's decarbonization goals by offering a monetary incentive to support scoping studies, detailed design studies, implementation projects, or a combination of these options for eligible thermal energy systems. The eligible thermal energy options included in the program, applicant types, and the levels of incentives offered by will be updated regularly as market conditions change.

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