The program will provide marijuana growers with free renewable energy assessments and, down the road, financing for equipment and facility upgrades.
will provide commercial marijuana growers with free technical resources, renewable-energy assessments and, down the road, financing for equipment and facility upgrades.marijuana industry consumed around 2 percent of Colorado's annual electricity generation
“The state recognizes that cannabis cultivation uses a substantial amount of energy and created the CROP program to provide unprecedented access to low-interest loans for improvements that ease this financial burden on Colorado businesses," Energy Office cannabis sustainability program manager Elizabeth Lee says in a statement.
State officials hope that marijuana business owners will jump on opportunities to save money in the long run after learning more about energy-saving techniques. Rebates for energy-saving techniques are available for growers who purchase electricity from Xcel Energy, Black Hills Energy and Platte River Power Authority, the Energy Office notes, and the electric bill would go down after implementing these practices, too.
An Energy Office budget summary from December shows that $500,000 was appropriated for CROP's first year, with another $500,000 requested for a second year.
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