Solar and Renewable Energy Rebates & Incentives

Brief Summary of Incentives in Colorado (details may change)

• Residential Systems (less than 10kW)
  • $4.50 per DC watt rebate for Xcel customers
  • Rebates vary for other electric utilities under Amendment 37 rules
  • 30% federal income tax credit, after rebates (capped at $2,000)
• Small Commercial Systems (less than 10kW)
  • $4.50 per DC watt rebate for Xcel customers
  • Rebates vary for other electric utilities under Amendment 37 rules
  • 30% federal income tax credit, after rebates (no cap)
  • 5-year MACRS depreciation schedule
• Large Commercial Systems (more than 10kW)
  • $2.00 per DC watt rebate for Xcel customers
  • Multi-year payments for system REC production for Xcel customers
  • Rebates vary for other electric utilities under Amendment 37 rules
  • 30% federal income tax credit, after rebates (no cap)
  • May be eligible for 5-year MACRS depreciation schedule

What this means in practical terms: utility, state, and federal incentive programs can reduce total out-of-pocket costs for a solar electric (PV) system by as much as 60-70%.

When considering the financial and tax aspects of a PV system, it is strongly recommended that you contact a professional tax advisor to inquire about your specific situation.

A site assessment provides more government and utility rebate and incentive details.