Call to Action

  • We are asking the community to OPPOSE all of the below possible grant awards from the State of Colorado’s Energy Office (CEO) to MPGLLC or any of its associated partnerships and investors.  Write a letter to the CEO voicing your concerns if awards are given to Mount Princeton Geothermal LLC (MPGLLC), Western Geothermal or the Icelandic Investors, Reykjavic Geothermal for award any of these grants for work in Maxwell Park:

    • Award of a new grant in the form of an Investment Tax Credit (ITC),

    • Award of a grant in the form of a Production Tax Credit (PTC), or

    • Any grant award from Colorado’s Geothermal Energy Grant Program (GEGP) Round 2 funding since such projects are all geothermal electricity sourced, which are stated to be specifically excluded.

    Join this letter writing campaign by completing the Volunteer form, and we’ll email you complete instructions for emailing State decision-makers to deny these awards.

    More Information about the grants: The Investment Tax Credit (ITC) being offered by the state would offset up to 30% of investment costs, up to $5 million per project!!!  MPGLLC could ALSO get a Production Tax Credit (PTC) of $0.02/kWh of electricity. Either or both of these awards would SIGNIFICANTLY and falsely sway the project’s Return on Investment, which is being used to sell the project.