Deadline: 01-Jul-21
The Denver Foundation is seeking applications for the Renewable Energy Trust to support renewable energy projects for Colorado nonprofit organizations and public entities.
The installed renewable energy projects help nonprofit and public organizations offset their energy costs, allowing energy savings to be reinvested in many community programs.
RET projects also help educate and inform the public about the benefits of renewable energy, and reduce the carbon footprint of the facility where they are installed.
The program is funded through contributions from Xcel Energy residential and business customers either with lump-sum donations or through a premium on energy bills.
Funding Information
- Grants from the fund typically range from $15,000 – $40,000.
Eligibility Criteria
The Renewable Energy Trust Customer Advisory Panel makes recommendations for project grant funding. Submission of a grant application does not guarantee funding by the Renewable Energy Trust.
The Renewable Energy Trust’s grant funds are limited and subject to availability. When considering or completing an application, please keep in mind the eligibility criteria listed below.
- The grant applicant is a public or not for nonprofit organization.
- The project will not be used for commercial or individual benefit.
- The geographic location of the project is within Xcel Energy’s service area in Colorado, with a priority given to electric customers.
- The project’s ability to increase public awareness or education about renewable energy.
- The project’s ability to increase public awareness of the Renewable Energy Trust. The project’s ability to interact with other existing energy efficiency and renewable energy efforts.
- Those that have received a RET grant must wait one year to apply again.
Additional Considerations
- The amount of project funding from sources other than the Renewable Energy Trust
- The total cost of the project and the cost effectiveness of the renewable energy system
- The environment value or community benefits of the project
- The project’s ability to create workforce development and/or volunteer opportunities.
For more information, visit https://denverfoundation.org/wp-content/uploads/2020/12/2021-Renewable-Energy-Trust-Guidelines.pdf