Sunnyside Solar Colorado

• Reduce our dependence on oil imports
• Reduce greenhouse gas emissions (CO2)
• Hedge against fuel cost increases
• Lower monthly electric bills
• Save our land and environment
• Financial Incentives (see below) 

Investment Tax Credit (ITC)

Claim the Federal Tax Credit on your taxes.  The residential energy credit allows a 30 percent credit (not a deduction) on your taxes.  The ITC is like cash in your pocket at tax time.  An investment of $10,000 gives you a $3000 credit. This credit has been extended until 2018.

 Rebates and Renewable Energy Credits

Xcel Energy and other utilities offer various incentives to install a solar electric systems.  If the system meets all the requirements of the Solar Rebate Program, Xcel offers a PBI (production-based incentive) of $.005/kWh).  see details about the Solar Rebate Program at the Xcel website— www.xcelenergy.com

Net Metering

Another significant incentive to install a small solar electric system is the net metering agreement with your utility.  Amendment 37 inspired electric utilities to provide net metering interconnections for small wind and solar energy systems (less than 10 kW).  Net metering allows the solar system to connect to the utility and store or sell excess energy.  The utility acts as a storage battery for your excess energy generated during the day. That excess energy is used later when the sun is not shining!  You save 12 cents per kilowatt hour (rates vary by season and market conditions).  

What does it cost?

The installed cost for a solar electric system is $3 to $4 per watt.  A 5,000 watt system will cost $15,000 to $20,000 before incentives.  Rebates and credits vary widely with local utilities and jurisdictions.

When will the system pay for itself?

Payback is dependent on the future cost of electricity.  With a modest increase in electric rates over the next 10 years, the system will pay for itself in 8 to 10 years.  Sunnyside Solar will calculate your savings at various electric rates and design a system for your needs that will maximize returns and minimize the payback period.        

Free Estimates!

Let us provide a free estimate of  installation costs, rebates, credits and the tax benefits of a solar electric system at your home or business.   Contact us at info@sunnysidesolarcolorado.com