Colorado Solar Rebates and Incentives for 2013
Colorado solar rebates and incentives make using solar energy more affordable than ever before. Incentives can come and go without much notice or publicity, making it hard for homeowners considering the switch to solar to keep track of how much rebate money they can count on. We recognize this dilemma, and part of our service to you includes identifying and applying for every available Colorado solar rebate for you so you don’t have to worry about missing out on anything.
Colorado Government Solar Rebates and Incentives
Colorado solar panel installations are exempt from sales tax and property tax increases in many situations.
Residential solar electric systems in Colorado are exempt from state
Colorado law grants cities and counties the option to offer a local property tax exemption on solar electric systems as well.
Residential solar electric systems in Colorado are exempt from state sales and use taxes.
Colorado law grants cities and counties the option to offer a local sales and use tax exemption on solar electric systems as well.
Colorado Utility Solar Rebates and Incentives
Specifics about Colorado’s larger electrical utilities are outlined below, but many of the state’s smaller utilities also offer up-front and/or performance-based incentives to their customers for installing home solar systems.
Black Hills Energy offers a performance-based incentive for owners and lessors of solar PV systems, payable for the first 10 years of a system’s life.
- Systems from 0.5 kW to 10 kW are eligible for a rebate of $0.1267 per kWh on the the production of the first 5 kW only.
- Systems from 10 kW to 100 kW are eligible for a rebate of $0.16 per kWh.
Colorado Springs Utilities (CSU) customers are eligible for a rebate of $1.50 per AC Watt produced, up to 10 kW.
Fort Collins Utilities offers its residential customers low-interest loans between $1,000 and $15,000. The loans can be used for a variety of energy efficiency and renewable energy purchases, including home solar panels. Interest on the loans is between 5.25% and 7.25% and payments must be made monthly as part of the utility bill.
Holy Cross customers are eligible for a rebate of $1.50 per installed Watt on a new solar electric system. The maximum rebate amount is the lesser of 50% of the installed system cost or $9,000.
Residential customers of Poudre Valley REA are eligible for a rebate of $1.50 per installed Watt for new solar PV systems. The maximum rebate is $4,500 and the solar panels must be installed to within 90% of optimal solar collection orientation.
San Miguel customers are eligible for a rebate of $1.00 per installed Watt for new solar PV systems. The customer must own the system – not lease it – to be eligible for the rebate, which is capped at $3,000 or 50% of the installed system cost.
United Power’s residential electric customers who purchase solar PV systems can receive a per-Watt rebate of $0.75 – up to $2,250 total – for grid-tied systems between 0.5 kW and 25 kW.
Xcel Energy, Colorado’s largest electrical utility, offers rebates on systems up to 10 kW:
- Customer-owned systems receive a monthly performance-based rebate of $0.06 per kWh produced for 10 years.
- Third-party-owned systems (customers on leases or the PowerSavings Plan™) receive a monthly performance-based rebate of $0.03 per kWh produced for 20 years.
Other 2013 Colorado Solar Energy Rebates and Incentives
Residents of the Roaring Fork Valley area are eligible for the following performance-based solar PV system rebates:
- $.50 per kWh on customer-owned systems, up to $3,000
- $.25 per kWh on leased or PPA systems, up to $2,000