Colorado Electric Solar Power Program
Using the the sun to power our your homes and businesses is just one of the ways we maximize renewable resources.
By 2020, 30 percent of our retail electricity sales must come from renewable energy resources to meet the Colorado Renewable Energy Standard. A portion of that 30 percent has to come from renewable distributed generation resources. So, to encourage our customers to use solar energy as a distributed generation resource, we offer a production-based incentive program to help cover a portion of the cost of investing in solar photovoltaic systems.
OUR PROGRAM HAS A PRODUCTION-BASED INCENTIVE (PBI) FOR CUSTOMERS WHO QUALIFY:
- A production-based incentive based on the amount of solar electricity generated by the system, which we pay you for the environmental attributes of the electricity produced by the PV system. You will also receive net-metering. Every kWh in excess of your usage is credited to your account.
Any of our Colorado Electric customers can install a PV system. Requirements and incentives differ according to the size the of the PV system. Larger customers may want to consider a system greater than 10 kilowatts, up to as much as 100 kilowatts.
In addition to our incentives, there are also federal tax credits are available for businesses and homeowners.
To get started, it is recommended that you contact at least two qualified PV installation contractors. They will help you decide the size and type of system that will best meet your needs. One organization that is a good place to start is the Colorado Solar Energy Industries Association. COSEIA maintains a list of Colorado solar installation contractors with the training and experience necessary to properly install a PV system.
MORE DETAIL ABOUT OUR SOLAR INCENTIVES:
Before submitting your application please understand these rules and regulations for the Colorado Electric Solar Power Program.
Deposits are due at time of application submittal, and we must receive them at our Pueblo, Colo., office by 3 p.m. on the fifth calendar day after the date of submission of the application.
Using the the sun to power our your homes and businesses is just one of the ways we maximize renewable resources. Here are some answers to commonly asked questions.
Excess energy from the solar system that is “banked” will be cashed out at the end of the year, or the customer may make a one-time election to "roll-over" excess energy to the account until termination of service, with no payments made for excess energy.
A Community Solar Garden is a community-shared solar array that allows the use of solar with like-minded community members.