Implementing Sector: | Utility |
Category: | Financial Incentive |
State: | Colorado |
Incentive Type: | Rebate Program |
Web Site: | https://www.lpea.coop/rec-payment-tax-incentives |
Administrator: | La Plata Electric Association |
Utilities: | La Plata Electric Assn, Inc |
Eligible Renewable/Other Technologies: | Solar Photovoltaics, Wind (All), Wind (Small), Hydroelectric (Small) |
Incentive Amount: | PV 10 kW-DC or less: Upfront incentive of $16 per kW PV greater than 10 kW-DC: Performance-based incentive is paid every 6 months for 10 years, currently $1.oo per MWh Check LPEA website for future REC values. Contact LPEA for wind and hydro incentives |
Maximum Incentive: | Varies |
Eligible System Size: | 0.5 kW minimum |
Installation Requirements: | Systems must be grid-tied |
Ownership of Renewable Energy Credits: | Renewable energy credits are granted to the utility for the first 10 years of operation |
Technologies: | Solar Photovoltaics |
Sectors: | Residential |
Parameters: | The incentive is 16.00 $/kW, The system size has a minimum of 0.50 kW, The system size has a maximum of 10.00 kW |
Technologies: | Solar Photovoltaics |
Sectors: | Commercial, Industrial, Federal Government |
Parameters: | The system size has a minimum of 10.01 kW, The incentive is 1.00 $/MWh |
La Plata Electric Association (LPEA) offers an incentive, not to exceed the cost of the system, to residential and small commercial customers who install a photovoltaic (PV), wind, or hydropower facility. To be eligible for the rebate, the system must be grid-tied and located in LPEA's service territory. Systems 10 kilowatts (kW) or less are eligible for an upfront incentive based on the nameplate capacity and other factors. Systems greater than 10 kW are eligible for a performance-based incentive.
Payments are made every 6 months for the first 10 years of operation.
Customers interested in installing wind or hydro systems should contact the utility to find out the rebate amount.
For the purposes of calculating the upfront incentive, the wattage of the system is determined as follows:
Input your address to see if it is solar friendly and how much you can save with solar.
Great. Your address is perfect for solar. Solar incentive is still available. Select monthly utility cost and calculate the size of solar system you will need now.
kw System size | years Payback period | Lifetime savings |
No money down, 100% finance is available.
Explore New Solar Potentials with NEM 3.0 on HahaSmart
April 26, 2023NEM 3.0 Goes Live in California: What It Means for EPCs and Homeowners?
April 13, 2023Increase Your Solar Sales with Our New Feature: Solar Access with Google Sunroof
March 28, 2023Homeowner Profiles Connect with Solar Pros
March 2, 2023
|
Keep Colorado Green and Switch to Solar |