ColoradoPerformance-Based Incentive
Black Hills Energy - Solar Power Program
You getPaired solar + storage systems sized 0.5 kW - 25 kW: $0.025 per kWh is paid over a 10-year period, $100/kW paired storage system rebate Systems sized 25 kW - 500 kW: $0.02 per kWh is paid over a 10-year period Income Qualified and Disproportionately Impacted solar + storage systems 0.5 kW-25 kW: $0.038 per kWh, paired storage system $100/kW rebate
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Quick facts
- Incentive type
- Performance-Based Incentive
- Amount
- Paired solar + storage systems sized 0.5 kW - 25 kW: $0.025 per kWh is paid over a 10-year period, $100/kW paired storage system rebate Systems sized 25 kW - 500 kW: $0.02 per kWh is paid over a 10-year period Income Qualified and Disproportionately Impacted solar + storage systems 0.5 kW-25 kW: $0.038 per kWh, paired storage system $100/kW rebate
- Administrator
- Black Hills Energy
- Applies to
- Utility, Commercial, Industrial, Local Government, Nonprofit, Residential, Schools, State Government, Federal Government
- Technologies
- Solar Photovoltaics, Lithium-ion
Dates
- Start date
- 2006-07-01
- Source last updated
- January 15, 2026
About this incentive
Black Hills Energy has a performance-based incentive (PBI) for photovoltaic (PV) systems up to 500 kilowatts (kW) in capacity. In exchange for a PBI, Black Hills Energy earns the renewable energy credits (RECs) associated with the PV-generated electricity for a period of time. For the 2023-2026 PBI, Black Hills also offers a $100/kW rebate for paired storage systems for systems of 25 kW or smaller. All incentive payments are subject to the availability of funds and a pre-installation site inspection. Black Hills Energy has established participation caps for each tier. The status of funding availability for each tier is available on the website above. PV installations are subject to on-site supervision by a NABCEP-certified professional to maintain a 3:1 ratio for the installation crew (one certified installer for every three solar installers). See the program web site for complete details.
Data updated . Always confirm details on the official program website before applying. Programs change frequently.