Colorado Clean Energy Fund (CCEF) has developed an On-Bill Repayment Program (OBR) that will support energy upgrades being made to the Norwood Pinion Park Development in Norwood, CO.
On-Bill Repayment is a mechanism by which utility customers can receive a clean energy installation at no upfront cost and pay via a voluntary tariff on their utility bill. This does not qualify as a loan, rather it is considered a utility service received by a customer and paid back over time. This mechanism eliminates certain underwriting criteria that often may disqualify customers and avoids an additional debt burden. Residents of the Norwood Pinion Park Development will get the benefit of rooftop solar PV and heat pumps through the CCEF OBR program.