Mountain Parks Electric awards $18,000 in renewable energy rebates
January 15, 2015
Granby — In 2014, Mountain Parks Electric (MPE), through its Green Power Program, rebated $18,000 to customers who installed local renewable energy systems.
"We are pleased that these rebates benefit the local economy," said Joe Pandy, Mountain Parks Electric General Manager.
MPE provides electricity to all of Grand and Jackson counties and parts of Larimer, Routt and Summit counties. Any MPE customer installing a new renewable energy system – solar, wind, biomass, etc. – is eligible to apply for the rebate.
The maximum rebate available for residential systems is $2,500 and $10,000 for businesses and organizations. A three-person volunteer board (composed of MPE customers) reviews rebate applications quarterly and awards the funds. The board looks for thoughtful implementation of renewable energy systems as well as a recipient's willingness to allow publicity of their installation.
The Green Power Program is funded by more than 900 MPE customers, approximately 5 percent of the total customer base. Contributors voluntarily donate between $0.50 to $100 a month.
Since 2010, the price of installed watt of PV systems has dropped dramatically from more than $9 a watt to less than $3 a watt (in 2014). MPE continues to monitor this and other renewable energy trends and remains committed to providing reliable, affordable electricity to its members throughout North Central Colorado.
For more information about the Green Power Program, including rebate applications and contribution forms, visit http://www.mpei.com/new-greenpower.htm.