Utility Rebates Continue Downward!

The current Xcel incentive is structured as a $2.00-per-watt Standard Rebate Offer (SRO) and a decreasing per watt Solar On-site Renewable Energy Credit (SO-REC) payment. The SO-REC payment may be adjusted down, based on the calculation of expected kWh of electric output as compared with an optimally oriented, fixed (i.e., non-tracking) system at the customer's location. You can see more at the Xcel rebate website.

In the first quarter of 2010, the Colorado Governors Energy Office (GEO) will be initiating an energy rebate outside of the Xcel service area. This rebate will be added to any existing rebates offered by local governments to a maximum of $3.00 per installed watt. More GEO rebate information will be available in early 2010.

The Xcel chart below, shows the various rate tiers and how much power is available at each step. We are seeing these steps to fill up rapidly forcing the rate downward. If you are seriously considering purchasing a solar energy system on your home or small business, the time to act is NOW! For Military and Government installations please contact Brian Stern and for Commercial systems please call Dave Lyskawa to learn more about available rebates for larger systems. For residential systems please call 303.297.1874 for a free site evaluation and price quote.

 
 

Xcel Energy Solar Rewards Program

SolSource Energy Solutions urges Colorado residents considering installing a renewable energy system to act now before utility rebates drop further.

 

 
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