HOW TO PAY FOR YOUR PROJECT:
Rebates: Solar PV
CORE’s Energy Smart rebate*: $0.75 per watt up to 3kW or $2,250 for on-site, customer-owned systems and $0.50 per watt up to 1.5kW or $1,500 for on-site, customer leased systems. Apply online.
- City of Aspen: $0.75 per watt up to 3 kilowatts, or $2,250. CORE’s Energy Smart program administers the City of Aspen rebates. Apply online.
- Holy Cross Energy: $.20 – $.75 per watt up to 25 kilowatts. PV size limit is 120% of annual kWh usage (although most systems are smaller).
- Glenwood Springs Electric: Solar PV rebates from Glenwood Springs Electric have been suspended for 2017.
- Xcel Energy: Xcel purchases “RECs,” or renewable energy credits, under their SolarRewards program. Incentives are paid to the owner based on the system production.
Rebates: Solar Thermal
CORE’s Energy Smart rebate*: $1,500 per panel for up to two panels, or $3,000.
Federal tax credit
You could receive a tax credit for up to 30% of the project cost. Consult your accountant or financial adviser with questions pertaining to the tax credit. Learn more at energy.gov.
Financing may be available from Energy Smart Colorado and Garfield Clean Energy. Please check in with these organizations for eligibility.
*CORE rebates are available to residents of the Roaring Fork Valley. Funds are limited. If you are under contract for a system, we encourage you to fill out the application online as soon as possible to make sure rebates are available. We also recommend reaching out to your utility early in the process to ensure compatibility.