CO Solar Energy Rebate Program
Colorado's renewable goals and utility rebates make CO a great state for home solar power.
Many Colorado homeowners have switched to solar power, thanks in part to the state's aggressive renewable portfolio standard (RPS). Colorado's RPS requires utility companies to get 30% of its energy from renewable sources. Utility companies in Colorado offer solar rebates to homeowners who install solar systems.
When you go solar with Sunrun, Sunrun files all rebate and incentive paperwork for you and passes along the savings in your low upfront cost. Instead of paying $30,000 for solar panels, you can upgrade for as low as $0.
XCEL Solar*Rewards Program
XCEL, which serves about 50% of Colorado's population, offers solar rebates to homeowners through its Solar*Rewards program. The rebate amount is based on the expected performance of the home solar system. Since its start, the Solar*Rewards program has paid over hundreds of millions of dollars in incentives to customers, installing over 7,000 photovoltaic systems in Colorado.
XCEL's solar rebate program has been successful, but the rebates may not be available for much longer. Incentive levels are set to decrease over time, as more systems are installed through the program. Now is the best time for CO homeowners to upgrade to solar power, in order to take advantage of the existing rebates before they drop again.
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