“Working with Colorado’s agricultural partners, the Colorado Energy Office has built a turnkey approach for this important industry to achieve energy savings. The USDA funding gives program participants the ability to implement identified energy improvements and increase their profits,” said Kathleen Staks, Executive Director of CEO.
CEO was selected for a $1.1 million USDA RCPP award to help finance energy efficiency improvements for Colorado farmers. The award is matched through a $1.3 million cash and in-kind combined contribution from CEO, the Colorado Department of Agriculture, and utility and industry partners. The funds will help finance energy- and water-saving projects identified through CEO’s program. Over the two-year grant period, the efficiency improvements are expected to achieve more than 5,250 MWh of electricity savings and 524,000 gallons of water savings annually, and will provide additional environmental benefits to Colorado’s agricultural producers.
In 2015, CEO launched the Colorado Agricultural Energy Efficiency program to make achieving energy efficiency and renewable energy projects easy for agricultural producers. More than 100 producers have participated, and 20,000 MWh of potential electricity savings has been identified through the audits. The program will expand to 200 producers within the next two years, and it is expected to generate more than $4.5 million in potential savings in five years.
Colorado’s agricultural industry faces direct energy expenses of more than $400 million annually that accounts for 7 percent of the industry’s overall expenses, according to CEO’s 2013 Colorado Agricultural Energy Market Research Report.
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