Solar incentives in Colorado
What type of solar incentives are available?
Several types of incentives can help you go solar. This section covers the solar incentives available in Colorado, but you can learn more about the national context of solar incentives on our national solar incentives page.
There are no state-specific incentives for installing solar currently, though there are a variety of local incentives. Check with your local utility and municipality for programs applicable to your location.
The city may rebate approximately 15% of city sales and use tax on materials and permits for the installation. Additional grants are available for qualifying nonprofit-run facilities and housing, and individual residences owned by low/moderate and middle-income residents.
Business and residential customers are eligible for a $0.20 per watt rebate.
Homeowners are eligible for an annual cap of $500 for renewable mitigation as part of their Energy Smart program.
Residential customers who select solar installers certified through the city’s program qualify for a $1,500 rebate. Commercial customers can qualify for a rebate up to $100,000.
Customers from Aspen to Glenwood Springs have cash-back rebates for households and businesses with the Community Office for Resource Efficiency (CORE) amounting to $0.75/watt up to 3 kW for a solar PV system.
Not sure of your utility? Check out the Colorado Electric Utilities Service Territories.
As an alternative to net metering, Xcel Energy customers can participate in the Solar*Rewards program where customers can receive monthly payments in exchange for Renewable Energy Credits. For systems under 25 kW, the price is $0.005/kWh.
Holy Cross provides incentive for customers who install renewable generation for net metering are $750 per kW for the first 0-6 kW of capacity, $500 per kW for the next 6-12 kW of capacity, and $200 per kW for 12-25 kW of capacity [e.g. a 15kW system would be tiered $4,500 (6 kW) + $3,000 (6-12 kW) + $600 (12-15 kW) = $8,100]. Non-profit entities can receive an incentive of 40% of the installed system up to $1,500/kW for the first 25 kW installed at a site.
Know of a solar incentive not yet listed here? Let us know so we can add it!