Solar Resources For Colorado & Wyoming Homeowners
As we reviewed in our blog, Tax Incentives for Homeowners Going Solar in Colorado, solar energy incentives are changing all of the time.
Most recently, the federal tax credit for solar systems increased to 30% of total installation costs and was extended for 10 more years of availability to American homeowners.
Learn more about the Solar Investment Tax Credit.
Colorado Solar Tax Exemptions
Homeowners in Colorado can save money on solar installations with two statewide tax exemptions: the solar sales tax exemption and the solar property tax exemption.
Sales Tax Exemption
To promote green energy adoption at every level, Colorado instated a Sales and Use Tax Exemption for Renewable Energy Equipment in 2006. Under this exemption, renewable energy adopters can purchase equipment like solar panels and wind turbines without any state sales tax applied to the transaction. Colorado currently has a 2.9% state sales tax, 100% of which is exempt in solar energy equipment purchases.
Property Tax Exemptions
Solar panels add value to your home, but homeowners in Colorado do not have to worry about this fact increasing their annual property tax. Residential renewable energy systems are completely exempt from Colorado property taxation, which means that their added value is not assessed during a home tax appraisal.
Rebates and Financing Programs
Colorado homeowners may also be eligible for local solar rebates and special financing programs that reduce the start-up costs of a renewable energy installation. Although qualification and availability are often limited by income and physical location, homeowners going solar in Colorado may seek out programs like the Boulder Solar Grant Program and Colorado Residential Energy Upgrade (RENU) Loan Program.
Utility Solar Policies & Resources
There are many different kinds of financial rebates, tax incentives, and net metering programs offered by the various electric utilities in Colorado and Wyoming. Find your utility below to explore its specific solar resources.
With policies constantly changing in capacity and availability, we are here to help you identify and secure the most up-to-date solar incentives and net metering rates for your energy system. Contact Apollo Energy today to learn more.
Utility Solar Rebates & Incentives in CO & WY
Xcel Battery Incentive
Xcel Energy other Home Energy Rebates
Fort Collins Battery Incentive
Fort Collins Solar Rebate
Fort Collins Other Home Energy Rebates
United Power Home Energy Rebates
PVREA Home Energy Rebates
Loveland Utility home Energy Rebates
Utility Solar Net Metering Information
Xcel Net Metering https://co.my.xcelenergy.com/s/renewable/net-metering
United Net Metering
Fort Collins Net Metering
PVREA Net Metering
CORE Net Metering
Loveland Net Metering
Longmont Net Metering
Morgan REA Net Metering https://www.mcrea.org/sites/default/files/Net%20Metering/MCREA%2010%20kW%20Inverter%20Process%20Appendix%20I.pdf
Mountain View REA Net Metering
Blackhills (CO) Net Metering
Blackhills (WY) Net Metering
High West Net metering