Colorado is one of the best states to install solar in due to the many money-saving rebates and incentives available. In Colorado, you’re rewarded for installing solar in a number of ways and you won’t even have to pay taxes on your new system. There has already been over 1,490 megawatts (MW) of solar energy installed in Colorado. Join countless others in the Centennial State who have gone solar and saved big!
If you install solar in Colorado make you check for solar rebate programs that your utility company may offer. You should also know that you won’t be paying any sales tax or property tax on your new system.
But wait, there are even more reasons for going solar in Colorado. Net metering, community solar, and the Federal Solar Tax Credit can all make the cost of going solar way less expensive.
Many Colorado utility companies offer cash rebates for residential solar installations. For example, EnergySmart Colorado offers $400 – $3,000 rebates depending on where you live. Other utility companies offer tiered incentives based on how large of a system you install.
Colorado’s net metering policy allows you to get credits for all the extra electricity your system produces. You can then use those credits on days when your system doesn’t generate enough power. It’s a way to essentially zero-out any energy costs and make the most out of your system.
The Property Tax Exemption for Residential Renewable Energy Equipment ensures that your new solar system isn’t included in property tax assessments. So, even though your home value will certainly increase after solar installation, you won’t have to pay for it in taxes.
MOXIE is one of the largest solar installation companies in the country. We’ll work with you to create a complete solar system that is affordable, sustainable and dependable.