{"id":229,"date":"2011-03-21T20:26:53","date_gmt":"2011-03-22T04:26:53","guid":{"rendered":"http:\/\/www.ijdesign.com\/blog\/?p=229"},"modified":"2011-08-26T06:55:27","modified_gmt":"2011-08-26T14:55:27","slug":"xcel-solar-rebate-program-is-back","status":"publish","type":"post","link":"https:\/\/www.ijdesign.com\/blog\/xcel-solar-rebate-program-is-back\/","title":{"rendered":"Xcel’s Solar Rewards Program is Back"},"content":{"rendered":"

\"\"<\/a>On March 23, 2011, Xcel will be reinstating their Solar*Rewards program, with a reduced up-front rebate and an extended performance-based renewable energy credit. \u00a0On March 4, Public Utilities Commission (PUC)\u00a0and stakeholders worked out a compromise:\u00a0Xcel will reinstate the Solar*Rewards program with an up-front rebate of $1.75 paid per watt, and $0.04 per kWh paid over 10 years.<\/p>\n

Since February 16th, when Xcel suddenly halted it’s successful Solar*Rewards program, solar sales have been down. Xcel shut down the rebate program to await a decision on Xcel’s proposal to drop the rebate from $2.00 per watt of installed solar power to $0.25 per watt.\u00a0Xcel’s problem with the Solar*Rewards program was that it was – get this <\/em>– too successful! Because the program is funded by a 2 percent charge to Xcel customers (yes, it is all of us who are actually are paying for the rebates, but I believe it’s an investment worth making for our future), the rebates exceeded the available funding, so Xcel needed to borrow money to pay the rebates. The compromise to rebate $1.75 paid per watt\u00a0up-front , and $0.04 per kWh to be paid over 10 years\u00a0helps Xcel defer a some of the rebate costs to help keep from borrowing funds, while still supporting the solar energy industry by helping to keep solar costs more affordable for everyone.<\/p>\n

Colorado Solar Energy Industries Association helped bring the Solar Rebates back by filing a request that Xcel reinstate the Solar*Rewards Program immediately. On March 4th, the Public Utilities Commission heard a full day of testimony, mostly supporting the reinstatement agreement, and the commissioners instructed stakeholders to work out a compromise, which was agreed to and will be put into place on March 23rd.<\/p>\n

So thanks COSEIA<\/a> and all other solar supporters — sunny Colorado (at least for now) is back in solar business. So let’s all start taking advantage of the rebates and get solar panels put on our houses and businesses — and let’s forget about installing more Nuclear and coal based power plants to support our energy needs!<\/p>\n","protected":false},"excerpt":{"rendered":"

On March 23, 2011, Xcel will be reinstating their Solar*Rewards program, with a reduced up-front rebate and an extended performance-based renewable energy credit. \u00a0On March 4, Public Utilities Commission (PUC)\u00a0and stakeholders worked out a compromise:\u00a0Xcel will reinstate the Solar*Rewards program with an up-front rebate of $1.75 paid per watt, and $0.04 per kWh paid over […]<\/p>\n","protected":false},"author":1,"featured_media":569,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-229","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.ijdesign.com\/blog\/wp-json\/wp\/v2\/posts\/229","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ijdesign.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ijdesign.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ijdesign.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ijdesign.com\/blog\/wp-json\/wp\/v2\/comments?post=229"}],"version-history":[{"count":20,"href":"https:\/\/www.ijdesign.com\/blog\/wp-json\/wp\/v2\/posts\/229\/revisions"}],"predecessor-version":[{"id":274,"href":"https:\/\/www.ijdesign.com\/blog\/wp-json\/wp\/v2\/posts\/229\/revisions\/274"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.ijdesign.com\/blog\/wp-json\/wp\/v2\/media\/569"}],"wp:attachment":[{"href":"https:\/\/www.ijdesign.com\/blog\/wp-json\/wp\/v2\/media?parent=229"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ijdesign.com\/blog\/wp-json\/wp\/v2\/categories?post=229"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ijdesign.com\/blog\/wp-json\/wp\/v2\/tags?post=229"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}