Colorado Solar Rebates and Solar Tax Incentives

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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.

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 Category (Residential):$2.00/watt DC plus REC payment of up to $1.00/watt for systems up to 10 kW; Medium Category Tier #1 (Commercial and Residential): $2.00/Watt DC plus REC payment of $0.115/kWh for systems >10kW up to 100kW Medium Category Tier #2 (Commercial): $200,000 max rebate & $0.125/kWh for systems 100.1 kW-500kW DC Large Category (Commercial) 500 kW DC+ RFP – Amount paid for per MWh determined through competitive bid
Maximum Incentive:	$30,000 for Small Category $200,000 for Medium Category
Eligable System Size:	Small:0.5 kW - 10 kW DC; Medium:10kW-500kW DC Large: 500.1 kW and up
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