Solar Panels Colorado Rebates

More than 510 million in colorado solar investments were made in 2016.

Solar panels colorado rebates.

An average sized residential solar system about 400 square feet of solar panels costs 18 000 according to the solar energy industries association an industry group. The state has a commitment to get 100 of electricity from renewable sources by 2050 and you can be a part of that. Colorado s electric rates rank 25th out of the fifty states. Colorado rebates and incentive summary.

The centennial state makes it pretty beneficial for you to have solar. The reason for this is simple. Colorado s solar carve out is 3 by 2020. Solar power is in direct contention with electric rates.

Colorado is home to more than 454 solar companies employing about 6 000 people throughout the state. Federal solar tax credit. A state s electric rates are one of the key factors in predicting whether an investment in solar panels makes sense. Colorado solar power overview.

The tax break reduces. According to the solar energy industries association. In addition to the colorado state solar incentives you ll also be eligible for the federal solar tax credit if you buy your own solar system outright. Photographs of meter and meter location.

Fortunately colorado receives over 300 days of sun a year allowing solar panel owners to maximize electricity production and savings. Colorado ranked 11th in the nation for installed solar capacity with 925 8 mw of solar energy installed as of 2016. The federal solar tax credit gives you a dollar for dollar reduction against your federal income tax. The best solar rebates and tax breaks in colorado.

Not only will you get paid for any extra energy you generate thanks to colorado net metering you ll also be rewarded for producing clean energy and won t even have to pay any taxes on your new system. Colorado is one of the best states to live in and because the people who live there care about the natural environment it s also one of the best places to add solar panels to your home. Click any of the boxes below to go to that section of the page or scroll down to read the page in order. Colorado solar rebates and incentives.

Finally the solar incentives section includes information about money back rebates and grants tax credits and tax exemptions for going solar in colorado.