Glenwood Springs, Governor’s Energy Office both providing solar rebates
Glenwood Springs, CO Colorado
GLENWOOD SPRINGS, Colorado ” Residents and small business owners within the Glenwood Springs Electric Department’s service territory will have a solar rebate option available beginning in February.
The Governor’s Energy Office, the city of Glenwood Springs and the Garfield New Energy Communities Initiative are offering $90,000 in rebates to homeowners and small business owners within the electric department’s service area for installation of up to a 5 kilowatt (kW) solar photovoltaic (PV) system. The funds will be distributed on a first come, first served basis.
The rebates will be allocated at $3 per watt up to $9,000 on installations of PV systems on residences, and up to $15,000 for small commercial buildings. The funds are available through a $45,000 grant from the Governor’s Energy Office and matched by a $45,000 from the Glenwood Springs Electric Department.
A two-part application process is required. Interested parties must submit a rebate reservation application, which will be accepted from Feb. 2 until March 20. Once the reservation is confirmed by letter, the owners have 90 days to install the system and submit the final paperwork. Only systems installed after Feb. 2 are eligible for rebates and must be installed by a Colorado Solar Energy Industries Association certified company.
Homeowners are also required to go through a home energy audit conducted by an Energy Star-certified firm within the 90-day period, or be able to show they’ve completed such an audit in the past five years.
Ken Olson, president and owner of Sol Energy in Carbondale, estimated that the rebates could potentially pay for a third or more of the cost of a PV system, considering an estimated price is around $9 per watt.
Add that with the Community Office for Resource Efficiency rebate program at $2 per watt, and a federal tax credit of 30 percent of the total cost of the system before rebates, this could be the best time to switch to solar power, according to Heather McGregor with Garfield New Energy Communities Initiative and Clean Energy Economy for the Region.
“It’s a tremendous opportunity with the two rebates and the tax credit,” McGregor said. “Your out-of-pocket costs are pretty small, and you are getting a lot of the system paid for.”
Currently, the Glenwood Springs Electric Department has eight grid-tied solar PV systems in their service area with a total projected generation capacity of 21.5 kilowatts (kW). The new rebates provide incentives for another 30 kW, which would more than double today’s PV capacity.
The New Energy Communities Initiative is managing the rebate program and processing the rebate applications forms with the Colorado Solar Energy Industries Association managing the statewide program.
Contact John Gardner: 384-9114
Support Local Journalism
Support Local Journalism
Readers around Glenwood Springs and Garfield County make the Post Independent’s work possible. Your financial contribution supports our efforts to deliver quality, locally relevant journalism.
Now more than ever, your support is critical to help us keep our community informed about the evolving coronavirus pandemic and the impact it is having locally. Every contribution, however large or small, will make a difference.
Each donation will be used exclusively for the development and creation of increased news coverage.
Start a dialogue, stay on topic and be civil.
If you don't follow the rules, your comment may be deleted.
User Legend: Moderator Trusted User
Facing the loss of five crucial games down the stretch due to COVID-19 quarantine rules, the Glenwood Springs girls basketball team’s postseason fate looked uncertain and totally out of the team’s control.