Residential rebates and tax credits for solar electric / photovoltaic systems

Financing for solar: Garfield Clean Energy and Energy Smart Partners LLC can help households get a loan for energy efficiency and renewable energy upgrades through the Garfield Clean Energy Residential Revolving Loan program.
Click here for details.

Jump to info on federal tax credits


City of Glenwood SpringsGlenwood Springs Electric

Glenwood Springs Electric and CLEER are offering incentives to customers
to install solar PV systems.

Commercial properties: rebate of $0.50 per watt up to 10 kilowatts (up to $5,000)

Residential properties: rebate of $0.75 per watt up to 3 kilowatts. (up to $2,250)

System must be designed and installed by NABCEP certified contractor

Rebates will be offered and distributed by CLEER on a first-come, first-served basis.

Pre-approval is required. Your solar installation contractor will fill out the pre-approval application.

Note to Solar PV contractors:
Review the Glenwood Springs Electric PV Supply System requirements on the city website.

Essential documents:

2018 Glenwood Springs Electric PV Terms and Conditions

Glenwood Springs Net Metering Ordinance

2018 Glenwood Springs Electric Net Metering Application and Agreement (submit with the pre-approval application)

Contact an Energy Coach at CLEER to get started: (970) 704-9200

Most Glenwood Springs residential properties are also eligible for CORE solar PV rebates and for the federal tax credit.


Holy Cross Energy WE CARE

Holy Cross EnergyHoly Cross Energy offers a rebate for installation of solar photovoltaic systems by Holy Cross customers through the WE CARE program (With Efficiency, Conservation And Renewable
Energy - we can make a world of difference)

Rebate amounts and rules for interconnection

Rebates are tiered based on system size

  • Systems up to 6 kW: $750 per kW
  • Systems 6 to 12 kW: $500 per kW
  • Systems 12 to 25 kW: $200 per kW

REC purchase payments for systems installed to avoid fees or to meet local renewable requirements: $150 per kW.

Systems owned by a third party and leased to Holy Cross’ members receive a REC purchase payment only: $150 per kW for the first 25 kW per account.

Non-taxable entities able to monetize available tax credits may receive incentives under the normal tiered incentive structure available to other customers.

Annual buyback of excess energy will be at Holy Cross’s average cost of purchased power, following the 2015 true-up.

An interconnection study fee must accompany interconnection applications for systems with a nameplate greater than 12 kW.  Further fees may be required based on any required interconnection studies, as outlined in Holy Cross’ Generator Interconnect Policy. Fee amounts:

  • For 12 to 100 kW systems: $100
  • For systems 100 kW or larger: $250

More information and application forms on the Holy Cross Energy website.

Holy Cross Energy customers can also buy off-site solar PV through the Clean Energy Collective community solar garden system. Holy Cross credits the member’s monthly bill for the portion of clean energy produced by the community solar garden.
Inquiries: (800) 646-0323 / moreinfo@easycleanenergy.com


Xcel Energy Solar*Rewards

Xcel EnergyXcel Energy offers the Solar*Rewards rebate and renewable energy credit for installation of solar photovoltaic systems by Xcel electric customers

Click here for current rebate and renewable energy credit amounts.

Xcel Energy Windsource

Windsource is a voluntary program for Xcel Energy electric customers to purchase portions or all of their electricity from wind turbines operating in New Mexico.

Windsource program for homes | Windsource program for businesses


CORE

  • $0.75 per watt for systems up to 3 kW ($2,250) for on-site, customer-owned systems
  • $0.50 per watt for on-site, leased systems up to 1.5 kW ($750)

Get the latest information about solar energy rebates from CORE by clicking here.

CORE also offers rebates for micro-hydro electric generation systems, 25% of project cost up to $3,000.

CORE service territory
CORE serves the Roaring Fork and Crystal River valleys, including the City of Glenwood Springs. CORE does not serve the Marble/Gunnison County area. CORE PV rebates are not available to Eagle County residents or to Xcel Energy electric customers.


Federal tax credits for solar electric / photovoltaic systems

These tax credits can be taken to offset your federal income tax paid in the year after you install a solar electric photovoltaic system at your home.

  • 30% tax credit with no upper limit
  • Good for projects completed through Dec. 31, 2019
  • The credit decreases to 26% for tax year 2020 and decreases to 22% for tax year 2021. The tax credit is currently set to expire on Dec. 31, 2021.
  • Can be used for existing homes and new construction
  • Principal residences and second homes qualify.
  • Rental properties do not qualify.

More information on solar electric / photovoltaic tax credits at ENERGY STAR.gov

The same 30% federal tax credit can be applied to other renewable energy installations, including:

More information on other renewable energy tax credits at ENERGY STAR.gov

Energy Star