Solar Incentives
Rebates & Incentives for a healthy home & environment
This is a great time to take advantage of rebates and incentives. Get money to go solar, do an energy audit or upgrade an appliance.
Federal Incentives
30% Federal tax Credit. Through 2016, a 30% federal tax credit is available on solar electric and solar hot water installations. It is available for both commercial and residential installations. The tax credit is calculated on the total cost of the system, minus available rebates.http://www.dsireusa.org/incentives/incentive.cfm?Incentive_Code=US37F
Local and Utility Incentives
Xcel Energy– Xcel offers 2 separate rebates for solar electric installations. The first is a $1.00 per watt rebate on systems up to 10kW. The second rebate is a REC rebate. The REC rebate is reduced as predetermined levels of funds are used up. Currently, the REC payment is $.09 per watt. Add these together to get your Xcel rebate: $1.09 per watt up to 10kW. http://www.xcelenergy.com/Colorado/Residential/RenewableEnergy/Solar_Rewards/Pages/home.aspx
Poudre Valley Rural Electric Association (PVREA)– For 2012, PVREA is offering a solar electric rebate of $1.50 per watt up to $4,500 for residential systems only. http://www.pvrea.com/programs/solarrebates.htm
Fort Collins Utilities– For 2012, Fort Collins is offering a rebate of $2.00 per watt up to $6,000 on residential solar electric systems, and up to $20,000 for commercial systems.http://www.fcgov.com/utilities/residential/conserve/renewables/solar-rebates/
The City of Boulder- For the first quarter of 2012, the city of Boulder is offering a solar grant program for housing included in the city’s permanently affordable housing program; Lower-income housing developed and/or owned by nonprofit organizations; and Facilities of nonprofit organizations located in Boulder. Funding for most cases will be no more than 50% of the project value. Funding is limited and applications must be submitted by April 2nd. www.bouldercolorado.gov/lead/solargrant
