The 300 annual days of sunshine we receive in the Denver area make solar energy a great choice, but what about Colorado solar incentives? In fact, the great incentives available now make it more attractive than ever to take advantage of the abundant sunshine here in the Centennial State.

By taking advantage of Colorado’s solar incentives with a new solar installation by Sol Vista Roofing, you unlock incredible financial benefits. As we describe below, there are multiple benefits including Colorado’s federal tax credit, tax exemptions, and solar rebate programs. All of these make it easier for you to gain control of your electric bill, protect your property from power outages, and lower your home’s carbon footprint.

Colorado Solar Incentives Currently Available

Incentive Type Incentive Description
Federal Solar Investment Tax Credit (ITC) Federal tax credit of 26% of the installed cost of your new solar panel system, available until December 31, 2022

(NOTE: when your roof is replaced at the same time, the 26% savings apply to it as well!)

Property Tax Exemption for Residential Renewable Energy Equipment Property tax exemption that removes the value added to your property after installing a new solar panel system
Colorado State Sales and Use Tax Exemption for Renewable Energy Equipment Residential solar system state sales tax exemption of 2.9%
Utility (Xcel) Incentives and Rebates Renewable Energy Credits (REC) of up to $0.0375 per kilowatt hour. Other incentives/rebates available for customers outside of Xcel’s coverage

 

Details of Colorado Solar Incentives Programs

Is Colorado a Good State For Solar Panels?

Colorado is one of the best states for residential rooftop solar. Not only do we enjoy 300 days of sun per year along the Front Range, but the incentives and rebates available in Colorado are among the best in the entire country. With abundant sunshine and incredible financial benefits, why not get started on your project today to take control of your electric bills?

How Do I Use Colorado Solar Incentives?

Taking advantage of the incredible incentives available in Colorado is simple.

For tax incentives, rebates, or exemptions, we highly suggest speaking with a tax professional regarding your solar installation project.

The time has never been better to upgrade to solar energy in Colorado. Did you know solar panel project costs have dropped 50% in the last 10 years? Take advantage of the best pricing we’ve ever seen, along with incredible incentive programs, to upgrade your home to solar today.

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