Colorado Rebate For Solar Panels

Don t let the cost of energy efficiency upgrades be a barrier to making the energy smart choice.

Colorado rebate for solar panels.

Yes it is the city charging the permit fee in the first place but a refund is a refund. An average sized residential solar system about 400 square feet of solar panels costs 18 000 according to the solar energy industries association an industry group. Through its renewable energy rebate program colorado springs utilities csu offers a rebate to customers who install grid connected solar electric photovoltaic or pv systems. Rebates of anywhere from 400 to 3 000 depending on where you live are available for solar installations on homes in eagle valley roaring fork valley and summit county.

The tax break reduces. A few colorado towns offer solar incentives. The federal solar tax credit gives you a dollar for dollar reduction against your federal income tax. Rebates residential customers can receive rebates up to 1 500 for a solar pv installation.

These are just two examples but more local incentives are available be sure to explore the options available in your area. Federal solar tax credit in addition to the colorado state solar incentives you ll also be eligible for the federal solar tax credit if you buy your own solar system outright. Rebate amounts are calculated based on 0 50 watt of dc system generation capacity and include a 20 year renewable energy credit rec assignment to fort collins utilities. Once again depending on where you live in colorado this can represent at least a savings of 2 9 on the cost of your solar modules inverters racking wiring and other components.

To calculate the pv system s ac output a de rating factor is used to account for shading and suboptimal orientation or tilt. For example the cities of aurora and lakewood will refund 100 of the solar installation permit fee. Colorado state property tax exemption for solar power systems. Many utility companies and energy smart colorado partners offer rebates for completed energy improvements.

Lots of sunlight state rebates property and sales tax exemptions plus the federal government 30 tax credit for the whole installed cost of your system are compelling reasons to go solar in colorado.