Developers, building owners, local governments, utility companies, contractors, communities, geothermal installers, colleges or university campuses, and other organizations approved by the program are eligible for award of the grant. Eligible projects include:
New build or retrofit installation of geothermal primary heating or cooling systems
New build or retrofit community geothermal systems
Geothermal electricity generation
Design Studies
The program allows for different grant amounts depending on the type and scope of the proposed geothermal project. More details on these amount of grant awards are available here.
There has been an increase in legislative effort to develop the geothermal resources in Colorado and several states in Western U.S. from the Heat Beneath Our Feet bipartisan initiative. Earlier this year, Colorado Governor Jared Polis signed into law the framework for new state regulatory approvals that enable expanded power generation from geothermal resources.
