Xcel Energy – Solar*Rewards Program;
State: Colorado
- Incentive Type: Utility Rebate Program
- Eligible Renewable/Other Technologies: Photovoltaics
- Applicable Sectors: Commercial, Residential, Nonprofit, Installer/Contractor, Systems Integrator
- Amount: Rebates:
- Systems 0.5 kW – 500.0 kW DC: $2/W DC with a maximum rebate of $200,000
- Systems 500.1 kW DC and larger: Determined through RFP process with a maximum rebate of $200,000
- REC Purchases as of 6/7/10:
- Customer-owned systems 0.5 kW – 10.0 kW DC: $0.45/W DC up-front
- Third-party-owned systems 0.5 kW – 10.0 kW DC: $0.11/kWh of actual production (paid monthly)
- Systems 10.1 kW – 100.0 kW DC: $0.045/kWh of actual production (paid monthly)
- Systems 100.1 kW – 500.0 kW DC: $0.055/kWh of actual production (paid monthly)
- Systems 500.1 kW DC and larger: Determined through RFP process
- REC payments will step down over time as certain MW levels are reached for each system classification.
- Maximum Incentive: $200,000 for the rebate portion of the incentive
- Eligible System Size: Minimum size of 0.5 kW
- Limited to 120% of average annual consumption of the site
- Equipment Requirements: Eligible modules and inverters are listed on the California Energy Commission web site;
- Solar systems must carry a five-year warranty from both the manufacturer and the installer, including parts and labor.
- Ownership of Renewable Energy Credits: Xcel Energy
- Program Start Date: 3/1/2006
- Web Site:
- http://www.xcelenergy.com/Minnesota/Company/Pages/SelectAState.aspx?p=http://www.xcelenergy.com/Colorado/Residential/RenewableEnergy/Solar_Rewards/Pages/home.aspx
Contact:
Pam Newell
Xcel Energy
5050 N Service Drive
Winona , 80202
Phone: (507) 457-1249
E-Mail: solarprogram@xcelenergy.com
Web Site: http://www.xcelenergy.com/solar