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Solar*Rewards Installer Update: December 18, 2012
As 2012 draws to a close, we have a number of Solar*Rewards program updates we'd like to share with you.
New Mailing Address for Checks
Beginning on January 1, 2013, all Solar*Rewards application deposit checks must be mailed to the following address:
Xcel Energy
Solar*Rewards Program
P.O. Box 59
Minneapolis, MN 55440-0059
In addition, we've extended the time frame allotted for submitting the Application Deposit Form and check. Beginning January 1, you'll have seven business days from the date of application submission to send in your payment. Please remember that all deposit forms must be mailed with the check, in addition to being uploaded to the electronic application.
This change allows us to process the checks more smoothly and provide our team with additional time for application review. Please note that we will no longer be accepting checks at the Denver mailing address next year.
2013 Solar*Rewards Program Capacity
The Solar*Rewards program capacity levels and REC prices are as follows for 2013:
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2013 Small Program Capacity (<10 kW)
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Customer
Owned REC Price
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Third Party REC
Price
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MW in Step |
| Step 3 |
$0.13 |
$0.08 |
4.8 |
| Step 4 |
$0.11 |
$0.07 |
4.8 |
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2013 Medium Program Capacity (10.1- 500 kW)
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Medium REC Price
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MW in Step |
| Step 3 |
$0.08 |
8.2 |
| Step 4 |
$0.07 |
8.2 |
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Xcel Energy has released their new tiers for the Solar Rebate Program. The rebates ended up being better then expected. Please contact a Solar Supply of Colorado Rep today to discuss how they can save you $$ right away by going with a quality Solar PV System from Solar Supply of Colorado, LLC.
