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IncentivesMap
ColoradoPerformance-Based Incentive

Xcel Energy - Solar Rewards Program

You getSolar*Rewards Small Program: REC Price: $0.005/kWh Solar Rewards Medium Program: REC Price: $0.0375/kWh Solar Rewards Large Program: See program website.
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Quick facts

Incentive type
Performance-Based Incentive
Amount
Solar*Rewards Small Program: REC Price: $0.005/kWh Solar Rewards Medium Program: REC Price: $0.0375/kWh Solar Rewards Large Program: See program website.
Administrator
Xcel Energy
Applies to
Utility, Commercial, Residential
Technologies
Solar Photovoltaics

Dates

Start date
2012-08-15
Source last updated
November 18, 2022

About this incentive

XCel's Solar Rewards Program is an incentivized program, offering monthly or annual payments to the owner of the solar system in exchange for Renewable Energy Credits (RECs) for the energy produced by the solar system. Eligibility Must be an Xcel Energy residential or business electricity customer. Must have an active and valid account number and premise number. The customer's name on the application must match the name on the Xcel Energy account/bill. All equipment must be UL 1741 certified and listed within the Solar Equipment Lists on the California Energy Commission website opens in a new window. Must provide general liability insurance for each occurrence based on the Gross AC Nameplate Rating of the Generation System greater than 1 MW AC. Systems must be sized such that the expected generation when combined with other distributed generation resources serving the service address, does not exceed 200% of historical consumption (i.e. the previous 12 months at the time of application submission). See the above website for information on program application.

Data updated . Always confirm details on the official program website before applying. Programs change frequently.