Colorado Solar Thermal Incentives

The Colorado Energy Office offers Colorado Residential Energy Upgrade Loans
30% federal tax credit until the end of 2019
26% federal tax credit from 01/01/2020 - 12/31/2020
22% federal tax credit from 01/01/2021 - 12/12/2021
At least half the energy used to heat the dwelling’s water must be from solar in order for the solar water-heating property expenditures to be eligible
The home served by the system does not have to be the taxpayer’s principal residence
Xcel Energy Rebate Summary
Read about further incentives.

Energy Goals & Achievements in Colorado

Xcel Energy plans to deliver 100% carbon-free electricity to Denver customers by 2050. Link
Xcel plans to reduce carbon emissions 80% by 2030, from levels in 2005 obtained from the eight states that Xcel serves. Link
Boulder seeks to achieve 100% renewable electricity by 2030. Link
Boulder renewable generation goals are 50 MW by 2020, 100 MW by 2030, and 175 MW by 2050. Link
The IBM Boulder campus is currently installing a 10 MW solar array system on 54 acres under Xcel Energy’s program. Link
25% of Colorado’s net energy generation was from renewable sources in 2017. Link