Xcel energy solar Rewards
|System Type||Performance-Based Incentive|
Bonuses are reduced as time passes as specific thresholds, when it comes to solar power put in, are satisfied.
• Customer-owned systems to 25 kW: $0.03/kWh for first a decade of production
• Third-party-owned methods around 25 kW: $0.01/kWh for very first two decades of production
• client and third-party systems from 25 kW to 500 kW: $0.06 for very first 6 megawatts and $0.05 for last megawatt.
• techniques 25-500 kW: $0.06/kWh for first 6 MW and $0.05/kWh for last 1 MW
Besides net metering, Xcel provides a performance-based rebate program that decreases the expense of solar installations.
This program is really so extremely well-known that Xcel suspended it for many of 2013. If the utility launched it again Summer 20, 2014, it only took five times for the few applications Xcel received to go beyond this program capacity. The energy remains accepting programs, but won't assign a brand new REC amount until it's a final decision in the green Energy Standard, which will ben't expected until September or later.