Xcel Energy – Solar*Rewards Program

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