Pagosa Springs: Drilling and Grant Approved for Geothermal Project

At their December meeting the Pagosa Area Geothermal Water and Power Authority (PAGWPA) formally accepted a grant for nearly $2 million from the Colorado Department of Local Affairs (DOLA). According to the grant agreement, DOLA will give PAGWPA $1,986,000 from the Energy and Mineral Impact Assistance Fund “to confirm the presence of geothermal resources whereby such geothermal resources can be developed as a possible power source for the area.” The purpose of the Energy and Mineral Impact Assistance Program is to help political subdivisions that are socially or economically affected by the oil and gas industry.