Residential rebates and tax credits for solar electric / photovoltaic systems
Financing for solar: Garfield Clean Energy and Energy Smart Partners LLC can help households get a loan for energy efficiency and renewable energy upgrades through the Garfield Clean Energy Residential Revolving Loan program.
Click here for details.
Jump to info on federal tax credits: 2019 is the final year for the full 30% federal tax credit
Glenwood Springs Electric
Glenwood Springs Electric and CLEER are offering incentives to customers
to install solar PV systems.
Commercial properties: rebate of $0.50 per watt up to 10 kilowatts (up to $5,000)
Residential properties: rebate of $0.50 per watt up to 3 kilowatts (up to $1,500) - effective Jan. 1, 2019
System must be designed and installed by NABCEP certified contractor
Rebates will be offered and distributed by CLEER on a first-come, first-served basis.
Pre-approval is required. Your solar installation contractor will fill out the pre-approval application.
Note to Solar PV contractors:
Review the Glenwood Springs Electric PV Supply System requirements on the city website.
Glenwood Springs Electric Net Metering Application and Agreement (submit with the pre-approval application)
Contact CLEER Energy Coach Maisa Metcalf to get started:
(970) 704-9200 ext. 1101 or firstname.lastname@example.org
Holy Cross Energy WE CARE
Holy Cross Energy offers a rebate for installation of solar photovoltaic systems by Holy Cross customers through the WE CARE program (With Efficiency, Conservation And Renewable
Energy - we can make a world of difference)
Rebates for on-site systems
Tiered rebates based on system size:
- Systems up to 6 kW: $750 per kW
- Systems 6 to 12 kW: $500 per kW
- Systems 12 to 25 kW: $200 per kW
Off-site Renewable Energy Purchasing Program
Holy Cross Energy residential customers can buy off-site renewable energy through the Renewable Energy Purchasing Program. Holy Cross credits the member’s monthly bill for the portion of clean energy produced by solar, wind and hydro projects tied to the Holy Cross electrical grid.
Solar*Rewards for on-site solar installations
Xcel Energy offers the Solar*Rewards rebate and renewable energy credit for installation of solar photovoltaic systems by Xcel electric customers. The Solar*Rewards program opens once per month with a competitive offering for the system-wide sale of 2 megawatts of capacity.
A voluntary program to purchase solar energy from a community solar garden. This option is available to residents in Garfield County through Pivot Energy. Learn more here.
Power your home with a mix of off-site solar and wind power. As of January 2019, this program is fully subscribed. Customers can join the waitlist for new projects. Click here for info and a waitlist link.
Xcel Energy Windsource
Windsource is a voluntary program for Xcel Energy electric customers to purchase portions or all of their electricity from wind turbines operating in New Mexico.
To learn more, call CORE at (970) 925-9775 or visit aspencore.org
CORE service territory
CORE serves the Roaring Fork and Crystal River valleys, including the City of Glenwood Springs. CORE does not serve the Marble/Gunnison County area. CORE PV rebates are not available to Eagle County residents or to Xcel Energy electric customers.
These tax credits can be taken to offset your federal income tax paid in the year after you install a solar electric photovoltaic system at your home.
- 30% tax credit with no upper limit, for projects completed through Dec. 31, 2019
- The credit decreases to 26% for tax year 2020 and decreases to 22% for tax year 2021. The tax credit is currently set to expire on Dec. 31, 2021.
- Can be used for existing homes and new construction
- Principal residences and second homes qualify.
- Rental properties do not qualify.
More information on solar electric / photovoltaic tax credits at ENERGY STAR.gov
The same 30% federal tax credit can be applied to other renewable energy installations, including:
- Geothermal heat pumps
- Solar hot water heaters
- Small wind energy systems
- Fuel cells
More information on other renewable energy tax credits at ENERGY STAR.gov