Solar Incentives and Rebates for Colorado Residents
State rebates pay for a significant portion of your solar system installation cost. However, rebates pay 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 $2000 federal tax credit. Commercial solar system owners are offered a 30% tax credit, making solar an even smarter financial investment.
| State: |
COLORADO |
| Program Name: |
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 |
| Eligable System Size: |
Small: 0.5 kW - 10 kW DC; Medium: 10kW-100kW |
| 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 |
Local Program Administrators:
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