The Xcel Energy rebate is now at $1.00 per watt, and the Renewable Energy Credit (REC) is 9 cents per kWh. A 5 kW system will receive a $5000 upfront rebate, and about $675 per year for 10 years ($56.25 per month) if the system output is 7500 kWh per year. (based on optimum installation orientation and performance)
The Governor’s Energy Office (GEO) closed down the Recharge Colorado rebate program as part of the state office. Now the Recharge Colorado program is a non-profit organization that continues to assist renewable customers through rebates and technical assistance. see www.rechargecolorado.org
