What kind of solar panels do you use?
Unlike some of our competitors who warehouse solar panels and thus need to motivate you to buy what they have in stock, not necessarily what is best for your needs, we are not locked in with just one kind of solar panel. We use several manufacturers and different efficiency levels to customize your design to best match panel efficiency and price to meet your needs. It all depends on the size and details of your installation as to what we recommend not what product we need to move out of the warehouse.
How does the Federal Tax Credit work?
In October 2008 the US Congress passed HR 1424. This law increased the tax credit for installation of renewable energy systems. Currently that credit is at 26% of the total cost of the project. Here is summary and copy of HR 1424
How does the Xcel rebate work?
Xcel Rebate – To offset the carbon tax Utilities incur for burning coal to make electricity they will buy the Renewable Energy Credits (REC) from the solar consumer and give a rebate per-kilo-watt/hour you produce for the next 10 years. At present it is half a penny per kWh. In return you sign a contract with the utility agreeing to stay on the grid for 20 years and allowing them to use your carbon credits.
How is Electric pricing set – The Colorado Public Utility Commission (PUC) authorizes electricity rate increase requests of the private/public utility companies. For 2020, Xcel charged a residential retail rate for electricity of .13c/kWatt-hour. Historically the cost of electricity has inflated faster than the general inflation rates every year, for an average of 5% annually.