Jobs in Colorado have a greener future with the New Energy Economy bill signed into law by Governor Bill Ritter. The bill, HB 1001 places Colorado business at the forefront of the nation in renewable energy, second only to California.
The new Colorado green measure aims to overhaul the energy infrastructure of the state. The largest state utilities are required by 2020 to obtain 30 percent of their power from renewable energy sources. The previous goal had been 20 percent by 2020.
According to Governor Ritter, the law should increase Colorado jobs by the hundreds of thousands over the next twenty years.
The bill HB 1001 largely regulates two of Colorado’s investor-owned utilities—Xcel Energy based in Minneapolis, Minnesota and Black Hills Energy in Southeastern Colorado, part of Black Hills Corporation in Rapid City, South Dakota.
Solar and Wind Colorado Jobs
Colorado business will focus on solar and wind power, biomass and other alternative energy sources. The bill does not include hydroelectric power, which the state of California includes in its plan.
Many of the new thousands of jobs in Denver, Colorado and across the state will be focused on solar power. It is projected that over 100,000 solar rooftops will be installed across the state over the next decade.
Colorado as the Green Economic Model
With 21st century growth of renewable energy technologies, employment in Denver, Colorado should extend into rural areas helping to develop local economies.
Governor Ritter is upholding the New Energy Economy of Colorado as a model for other states and for the entire nation to follow toward change.
According to a Colorado Green Jobs Report from the Governor’s Energy Office, employment in Colorado within the solar industry is already comparable in number to the computer industry and has already far surpassed employment in the oil and natural gas sector.
Colorado Green Job Resources and Incentives
Included in the Colorado New Energy Economy bill is a broad range of resources, rebates and tax incentives for Denver and Colorado businesses and residents.
The Colorado Governor’s Energy Office provides a page of Green Job Resources for understanding the many broad occupations available.
Denver Colorado businesses and residents can also take advantage of a long list of Energy Tax Incentives.
Some incentives include 30% tax credits for home improvements and tax credits for energy efficient home properties. There are also Transportation and Alternative Fuel Incentives and Solar Energy Incentives to name a few.