On Monday, the Denver City Council made a $41 million agreement with Michael’s Energy Inc. that is expected to make tens of millions of dollars in incentives available to property owners seeking to install more sustainable, electric heating systems in their large commercial, apartment and condo buildings. Gas heating for big commercial, apartment, and condo buildings is responsible for half of the Mile High City’s greenhouse gas emissions, according to the climate action office.
According to The Denver Post, the money will come out of the city’s voter-approved, sales tax-fed climate protection fund.
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