Solar Incentives for Colorado


State rebates pay for a significant portion of your solar system installation cost.  However, rebates are always decreasing as popularity increases.  Learn more about your local rebate program and call REC Solar for a free site evaluation.

 

Federal tax credits make solar even more appealing.  The US government currently offers residential solar system owners a one time 30% federal tax credit.  Commercial solar system owners are offered a 30% tax credit, making solar an even smarter financial investment.
State:        COLORADO
Program Name:       Xcel Energy-Solar*Rewards Program
Utility Region: Xcel Energy
Incentive Type: Utility Rebate Program: Voted by CO Citizens
Eligible Renewable/Other Technologies: Photovoltaics       
Renewable Fuels Applicable Sectors: Commercial, Residential
Incentive Amount: Small (Residential): $2.00/watt DC plus REC payment of up to $2.50/watt for systems up to 10 kW; 
Medium (Commercial): $2.00/Watt DC plus REC payment of $0.115/kWh for systems >10kW up to 100kW
Maximum Incentive: $45,000 for standard rebate program
Eligible System Size: Small: 0.5 kW – 10 kW DC; Medium: 10kW-100kW DC
Ownership of Renewable Energy Credits: Xcel Energy (if customer opts for the REC payment)
Effective Date:        March 1, 2006
Website:  http://www.xcelenergy.com/solar

(Source: http://www.dsireusa.org/)

Local Program Administrator:

Xcel Energy
5050 N Service Drive
Winona , 80202
Phone: (507) 457-1249
Web site: http://www.xcelenergy.com/solar