Colorado Solar Incentives: Your Ultimate Guide to Savings, Rebates, and Tax Breaks!

Looking to harness the power of the sun while saving some cash in Colorado? Well, you’re in luck! The Centennial State offers a plethora of incentives and rebates to make going solar a smart choice for your home. From tax breaks to local rebates, there’s something for everyone to take advantage of.

Colorado Solar Incentives: Your Ultimate Guide to Savings, Rebates, and Tax Breaks!

Colorado Solar Incentives: Colorado’s Federal & Local Incentives Spark Energy Revolution!

First off, let’s talk federal perks. The Federal Solar Tax Credit is a biggie, offering a 30% income tax credit on the cost of your solar installation. That means potentially saving thousands of dollars on your system. Plus, Colorado residents get a break on sales tax when purchasing solar equipment, shaving off an extra 2.9%.

But wait, there’s more! Colorado has its own Residential Energy Upgrade Loan Program, teaming up with credit unions to offer homeowners up to $75,000 for solar, battery storage, or water heating systems. With no down payment and low-interest rates, it’s a sweet deal.

Now, let’s zoom into the local scene. Energy Smart Colorado is a nonprofit working across 18 counties, offering rebates for home energy assessments and efficiency upgrades. You could score up to 25% or $300 off on select projects, with even larger rebates for manufactured homes.

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Colorado Solar Incentives: Colorado’s Utility Rebates & Community Projects Shine Bright!

And don’t forget about utility rebates. Holy Cross Energy customers could snag rebates up to $250 per kilowatt for solar systems and even more for batteries. Meanwhile, San Miguel Power Association offers $750 rebates for qualifying battery systems.

Thinking beyond your own roof? Community solar projects are a fantastic option. You can lease a portion of a larger array for bill credits or subscribe to a local solar garden through Xcel Energy’s Solar Rewards Community program.

Feeling inspired? Join a solar co-op like Solar United Neighbors and pool your resources with others to get a great deal on solar installation. With incentives aplenty, going solar in Colorado is not just eco-friendly—it’s wallet-friendly too!

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