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Colorado Offers Financial Incentives to Upgrade UST Systems

April 4, 2019

Good News in Colorado for those Class A/B UST operators who upgraded their UST system. The UST Program can authorize money from the Petroleum Storage Tank Fund (Fund) to be used as incentives to underground or aboveground storage tank owners and operators for significant operational compliance or to upgrade existing tank systems.

To be eligible for this incentive the applicant must have completed the upgrade or tank removal work by December 31, 2018.

The Petroleum Program has the authority to use moneys in the Petroleum Storage Tank Fund to provide underground or aboveground storage tank owners and operators who maintain significant operational compliance with incentives in the form of reduced deductibles when upgrading existing tank systems in response to a release.

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