Renewable Energy Rebates and Incentives:
Federal
The Federal Government has a Tax Credit Program for renewable energy (wind and solar) installations. The tax credit is equal to 30% of the cost of the installed wind turbine or solar array, after any state or local incentives.
State of Colorado
The State of Colorado waives all sales tax on renewable energy system (solar array & wind turbine) installations.
Xcel-Energy
Xcel-Energy Corporation offers exceptional rebates to their Colorado customers for Solar Photovoltaic Systems. Systems up to 10kW are eligable for up to $1.75 per installed DC watt in rebate. These rebates are falling fast, as Xcel-Energy has now posted a reduction schedule. Act now to lock in the current rebate before it is lowered again.
Xcel-Energy's rebate is paid by check approximately 6 weeks after a system is installed. The rebate can be paid directly to Complete Engineering Solutions, LLC at the home or business owners request, greatly reducing the cash required for a solar system installation.
In addition to the upfront rebate small system (smaller than 10kW) owners are elibible to recieve a Renewable Energy Credit (REC) payment of $0.04 per kWh generated. This amount is paid to the customer regardless of wether or not the power is used by the customer or sold back to the grid.
Xcel-Energy also offers rebates on larger installations. The full details of the Xcel-Energy rebates can be reviewed here: Xcel-Energy Solar Rewards
Colorado Springs Utilities
Colorado Springs Utilities Customers can apply for a 2011 Rebate of $2.00 per installed AC Watt (requires using several derating factors). Applications are being accepted now. Contact us for a solar installation survey and written proposal to support your application.
Rural Electric Cooperatives
The Colorado Governor's Energy Office offers a rebate of $1.50 per watt for the first 3kW for residential customers, and $1.50 per watt for the first 10kW for commercial customers.