Solar and Renewable Energy Rebates & Incentives

Brief Summary of Incentives in Colorado (details may change)

• Residential Systems (less than 10kW)
  • $3.50 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 as of January 1, 2009)
• Small Commercial Systems (less than 10kW)
  • $3.50 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)
  • May be eligible for 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%.

Please see Xcel Energy for the latest information.

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.