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Financial Resources and Incentives

Save money, grow better, that's the power of the SAGE Program! Financial Resources and Incentives

Maximize cost savings on your sustainability projects by tapping into financial incentives. SAGE can connect you with rebates, incentives, grants, and low-interest loans to reduce or entirely pay for upgrade costs and sustainability projects!

Curious how to get started?

Meet with a SAGE advisor to identify financial resources that best fit your business needs.

Overview of SAGE Financial Assistance Opportunities 

Design And Fund Your Own Project With The SAGE Accelerator Grant:

The SAGE Accelerator Grant provides one-time, project related, financial assistance on a reimbursement basis, of sustainability upgrades and services, that facilitate cost reductions and support resource conservation and environmentally friendly business operations.

APPLY HERE!  Access PDF Application: ENGLISH or SPANISH

SAGE Free Products and Rebates:

SAGE provides Westminster businesses with Free Products and up to $1,500 in Rebates/year.

Review this list of Free Products and Rebates and follow the respective processes and forms below

Free Products: Fill out this Free Product form to receive your free products

  • Note: There are limited quantities of free products. Products are distributed on a first-come, first-served basis.

Rebates: Fill out this Rebate Application Form and review the process below:

  1. Select desired products and associated rebates from list below

  2. Confirm product and rebate eligibility with SAGE before purchasing by emailing sage@cityofwestminster.us

    • Rebates and free products are provided on a first-come, first-served basis and have limited availability

  3. Purchase selected products/services/items and save receipts 

  4. Submit your Rebate Application Form 

  5. Get reimbursed: 

    • Register on Green Business Tracker and fill out profile and check-lists

    • If requested by SAGE, provide business licensing and Colorado Secretary of State registration information

    • Rebate funds processed and sent to business

FREE Energy Assessment and Lighting Upgrades

SAGE is partnering with Xcel Energy to provide FREE energy assessments and efficiency equipment and additional City rebates up to $1,500 on-top of Xcel's rebates!
Follow these three easy steps to reducing your utility bill: 

  1. Contact CLEAResult: Schedule an Xcel Energy energy assessment provided through its contractor, CLEAResult. Call 877-287-2250  to sign-up 
  2. Complete Your Building Energy Assessment: An energy advisor will identify low to no-cost energy savings opportunities and energy saving projects. Following the assessment, the energy advisor can help you move forward with the energy saving project by connecting you to financing options, rebates, and contractors.
  3. Get Rebates: SAGE will provide a $1,500 max in rebates and fund projects up to 75% of total cost (Xcel Energy + City rebates combined) for each business. Rebates are first come, first served, so contact SAGE ASAP!

During your assessment you may receive the following FREE energy-saving products: 

  • Select screw-in LED lamps and tubesXcelPostcard_LEDlamp637968854840278789
  • Aerators for restroom and kitchen sinks
  • Select ENERGY STAR-certified smart
  • Thermostats
  • LED exit sign retrofit kits
  • Strip curtains for freezers
  • Auto-close doors for coolers and freezers
  • Pipe insulation
  • Pre-rinse spray valves

Learn More Here!

Xcel Energy Rebates

If you’re an Xcel Energy customer, you can take advantage of instant rebates and free services and assessments to purchase and install energy efficiency products that cut utility bills, improve the quality of lighting in your business, and reduce energy use. The benefits of making lighting efficiency improvements for your business include:reduce energy use and lower replacement and maintenance costs; mproved light quality in your business; and faster payback period of your project with rebates that increase the return on your investment. 

LIMITED-TIME BONUS LED REBATESXcel Energy

Take advantage of bonus lighting rebates to earn 25% and 50% more when you purchase select LED lamps, fixtures, tubes, and grow lighting. To earn rebates,

  1. Purchase qualifying equipment on or after April 15th,
  2. Install equipment
  3. Submit rebate application by 12/01/2022.

Check out our information sheet for full details.


See a summary of Xcel Energy’s business program offerings and see below for highlight opportunities: 

Visit Xcel Energy's website for the most up-to-date details or see the section below for applicable financial incentives by category.

FINANCIAL RESOURCES AND INCENTIVES BY TOPIC

  • Energy Audit and Rebates-Small Business Solutions (Xcel Energy): Make the switch to energy-efficient lighting that can drive long-term energy and cost savings. An energy advisor will walk through your business and conduct a comprehensive audit of the facility and its energy use.iStock-171572338-768x420.jpg You'll receive a detailed report that outlines various energy conservation opportunities with associated payback, savings, cost and available rebates
  • Lighting Rebates (Xcel Energy): Retrofit rebates for purchasing and installing energy-efficient lighting equipment in an existing building retrofit.
  • Energy Analysis (Xcel Energy): Receive a customized report of your bill analysis that shows your energy use trends year-over year, an energy benchmark and how it compares to the ENERGY STAR standard of efficiency, and a list of low-cost energy conservation opportunities with the associated cost, savings, payback, and available rebates
  • Commercial LED Lighting Program (United Power): Provides rebates for Pre-Authorized Commercial LED Lighting projects
  • Energy Efficiency Financing (Xcel Energy): Cover 100% of your project cost with no money down! Financing is good for: Energy Efficiency Equipment, Renewable Technologies, and Non-Efficiency Equipment. NEIF offers a suite of finance products and selects the lowest rates and best term from a vetted group of lenders.
  • Colorado Commercial Property Assessed Energy (C-PACE) Financing: Westminster owners of eligible commercial and industrial buildings can finance up to 100% of energy efficiency, renewable energy and water conservation eligible improvements.
  • Commercial Refrigeration Efficiency Program(Xcel Energy): Receive complimentary products and services for immediate savings and rebates for installing advanced energy-saving measures. 
  • Refrigerated Case/Walk-In Cooler Fan Motor Retrofit Rebate (United Power): Replacement of evaporative fan motors with Electronically Commutated Motors (ECM) in existing cases or in new cases installed in an existing store or location. Applicable to medium and low temperature reach-in refrigerated cases, multi-deck open cases and walk-in coolers.
  • AC Rewards Smart Thermostat Program (Xcel Energy):  Receive a smart thermostat (Wi-Fi connected ecobee3 lite smart thermostat) and installation for free, plus earn up to $25 per thermostat for enrolling.5c5223c7c98bb.image.jpg
  • Heating Efficiency Rebate (Xcel Energy): Cash rebates for new installation and upgrading natural gas heating systems.
  • Cooling Efficiency Rebate (Xcel Energy): Cash rebates for replacing or updating your cooling system using the latest cooling technology.

Transportation:

  • EV Charging Stations from Charge Ahead Colorado: Charge Ahead Colorado provides grants for electric vehicle charging stations that cover up to 80% of the costs up to $6,000 for fleet only stations and $9,000 for level 2 multi-port station, and $35,000 for Level III, Multiple Connection Standard Station. In addition, funding is available to pay 80% of the incremental cost differential between a gasoline/diesel vehicle and the comparable EV up to $8,260 per vehicle. Charge Ahead Colorado typically has three application rounds per year in January, May and October.
  • Alternative Fuels Vehicle Grant: Get funding for alternative fueling infrastructure and alternative fuel vehicles. Reach out to Matt Goble for more information.  
  • EV Fast-Charging Plazas Grant: The grant crease access to high-speed charging in metro areas for public users and high-mileage fleets like Transportation Network Companies (TNCs). 
  • Electric Vehicle Incentives and Rebates: Learn about Colorado and Federal tax incentives, rebates, and financial programs.

Air Quality And Electrification:

  • Colorado Clean Diesel Program: The Colorado Clean Diesel Program makes grants to businesses to help offset the cost of replacing certain diesel equipment with all-electric or hybrid-electric equivalents. Examples include: 
    • electric and hybrid-electric bucket trucks
    • electric construction equipment, including material handlers, mini-excavators and backhoes
    • electric lawn mowers
    • electric tractors
    • associated electrical infrastructure
    • idle reduction technologies

City of Westminter Grants

  • SAGE Accelerator Grant Program: provides one-time, project related, financial assistance on a reimbursement basis, of sustainability upgrades and services, that facilitate cost reductions and support resource conservation and environmentally friendly business operations.
  • Capital Improvements Grant Programthe program is designed to help small businesses with reimbursement of 10% of eligible capital project expenses up to $50,000, with a maximum grant award of $5,000.

Grant Databases:

Additional Funding Opportunities


Low Interest Loans: Colorado Commercial Property Assessed Clean Energy (C-PACE) Program Colorado Pace Logo

C-PACE enables owners of eligible commercial and industrial buildings to finance up to 100% of energy efficiency, renewable energy and water conservation eligible improvements. Financing is provided at competitive rates with repayment terms up to 20 years. By enrolling in C-PACE you will have no upfront costs while enjoying positive cash flow.

Get started by checking out the C-PACE website or contact a SAGE advisor. 


Waste:

CONTACT SAGESAGE Long Logo

Email sage@cityofwestminser.us or call 303-658-2662 to set up an advising session and for any questions and comments.