Colorado Commercial Solar Incentives
Take advantage of valuable solar energy rebates and incentives to help increase your solar project’s return on investment.
When working with Bella Energy, we will walk you through the necessary steps to take advantage of all solar energy rebates and incentives. Bella Energy’s rebate and incentive specialist streamlines the process so you get every penny you deserve.
If you are in the initial stages of considering a solar energy system, be sure to explore the following list of resources and information about solar rebates in your area.
Xcel Energy:
Xcel Energy’s Solar Rewards Program provides an incentive of up to $3.50-per-watt (DC) for customers who install grid-connected photovoltaic (PV) systems ranging from 0.5 kilowatts (kW) to 10 kW-DC in capacity. The incentive is structured as a $2.00-per-watt rebate and a renewable-energy credit (REC) payment of up to $1.50 per watt. The REC payment may be adjusted, either up or down, based on the calculation of a system’s expected electricity output, compared with an optimally oriented, fixed (i.e., non-tracking) system at the customer’s location, but only if the calculated system output differs from the optimally oriented system output by more than 10%. Battery storage is not covered by the rebate. If you would like to learn more about Xcel’s Solar Reward Program visit their website.
Colorado Springs Utilities:
Through its Renewable Energy Rebate Program, Colorado Springs Utilities (CSU) offers a $3.75 per-watt (AC) rebate to customers who install grid-connected solar electric (PV) systems with a minimum capacity of 500 watts and a maximum of 10 kW for residential systems and 25 kW for commercial systems. To calculate the system’s AC output, a de-rating factor is used to account for shading and suboptimal orientation or tilt. All Renewable Energy Credits (RECs) generated from systems installed under this program are conferred to CSU for compliance with Colorado’s Renewable Energy Standard. CSU’s 2009 rebate program budget is $430,000, which has been fully allocated. If you would like more information about the program visit their website.
United Power, Poudre Valley REA, Longmont Power, Fort Collins Utilities
These four utility companies share similar renewable energy rebate programs. The rebate programs are partially self funded and have limited availability. Currently, the rebate offered is a $3.00 per-watt (DC) for customers up to a 3kW maximum rebate. This provides an opportunity for a maximum rebate of $9,000 per customer. For more information please contact your local utility company.
Other Utility Incentives:
If your business is located outside of the above listed utility companies, you can visit http://www.dsireusa.org/ for more information regarding solar rebates and incentives in your area.
Did You Know?
Your business may be able to take advantage of system depreciation and tax credits that will dramatically boost your return on investment for a solar system. Learn more about commercial solar system pricing and paybacks…
