Incentives for Residential Solar in Fort Collins | REenergizeCO

The Fort Collins Solar Rebate Is More Than Doubling in 2024—for a Limited Time Only!

What Incentives Does Fort Collins Utilities Offer for Solar?

UPDATE: Thinking about going solar and/or installing battery storage in 2024? Fort Collins Utilities has announced major new incentives through the Residential Solar and Battery Storage 2024 BOOST Incentive Program! The updated incentives more than double the previous Fort Collins solar rebate, but the offer is only available for a limited time. See below for more details on the Residential Solar and Battery Storage 2024 BOOST Incentive Program.

Colorado is one of the top states in the country for residential solar energy. The secret to our success lies not only in the enthusiasm of homeowners and the outstanding climate, but in the widespread support of utilities.

Support for solar largely consists of rebates and other incentives offered by the utility companies and community-owned utilities that power Colorado. One notable example is Fort Collins Utilities, which offers a solar rebate to qualified customers who install a solar home energy system.

REenergizeCO serves homeowners throughout the Front Range who are thinking about investing in solar. Our solar energy company is recognized as a Participating Solar Contractor by Fort Collins Utilities.

What Is the Fort Collins Solar Rebate?

Customers of Fort Collins Utilities who install a photovoltaic solar energy system may qualify for a rebate that partially offsets the cost of the installation. The rebate amount is calculated based on the capacity of the system.

Fort Collins Utilities is offering a rebate of up to $1,500 on eligible residential solar energy systems (normally, the rebate is $1,000 max). A rebate of up to $3,000 is available for solar battery storage (up from $1,500).

In addition, if you opt to install both solar panels and battery storage, you may qualify for a bonus of $1,000 ($500 for an addition to an existing system).

Previously, homeowners could get up to $2,500 in Fort Collins Utilities when they go solar. In the new year, the Fort Collins solar rebate skyrockets to $5,500.

This is a limited-time offer. Once the funds allocated by the city run out, the current incentives go back into effect.

Contact REenergizeCO right away to take advantage of these amazing offers!

Residential Solar and Battery Storage 2024 BOOST Incentive Program: What You Need to Know

The incentive runs from January 24 to May 31, 2024, while funds are available. Applications will be accepted starting January 1, 2024. Installation of the solar panel system and/or storage battery must occur within 6 months of submitting the application.

Do I Qualify for the Solar Rebate from Fort Collins Utilities?

Only customers of Fort Collins Utilities are eligible for the solar rebate. If you live near Fort Collins but receive your power from another utility, you will not have access to this incentive.

Additional eligibility requirements for the rebate include:

  • The solar panel system must have a capacity greater than 500 watts.
  • The system must operate at 90 percent capacity or higher to qualify for the full rebate.
  • You must purchase your solar energy system and have it designed and installed by a Participating Solar Contractor.
  • Only new and eligible solar energy equipment may be installed.
  • Sources of shade must be managed to maximize sunlight between the hours of 9 a.m. and 3 p.m.
    • If shading is unavoidable, the Participating Solar Contractor must perform a shading analysis.
  • You must submit a rebate reservation letter with Fort Collins Utilities and install the system within six months.
  • The solar energy system must be connected to the Fort Collins Utilities power grid.
  • Customers must assign a 20-year renewable energy credit to Fort Collins Utilities.

Fort Collins Utilities offers financing through its Epic Loans program. You can still take advantage of the new incentives when you apply for financing to help with affordability.

Additional Solar Incentives in Fort Collins: Net Metering

By connecting your solar panel system to the power grid, you can enjoy additional energy savings through the net metering program offered by Fort Collins Utilities. Multiple utilities in Colorado provide participating customers with credits for net metering.

In effect, net metering is a method of “selling” surplus power back to the utility. When your solar panels generate more energy than your household uses, the extra power flows back to the grid.

You will see the difference with net metering on your monthly energy bill. Fort Collins Utilities credits your account for the additional power produced by your solar energy system. Credits are calculated according to the residential electric rates.

Homeowners in Fort Collins can enjoy significant savings on the energy they generate via solar with net metering. Programs such as the solar rebate and net metering, combined with greater energy independence, provide you with multiple means of recouping your investment on a solar home energy system.

Read More: How Much Will I Save with Solar Panels in Fort Collins?

Learn More About Going Solar in Fort Collins

More than 3,000 homeowners in Fort Collins have installed residential solar panel systems. If you are interested in joining this growing trend, it is important to work with an experienced, approved solar contractor.

REenergizeCO is a Fort Collins Utilities Participating Solar Contractor. We have helped many customers in and around Fort Collins reduce their utility bills, become less dependent on the grid, and reduce their environmental impact by installing high-quality solar panels.

Read More: Solar Panel Tips and Tricks for 2024

We handle all aspects of setting up your solar energy system. Our energy audits empower you to make decisions about solar and other home improvements with confidence. In addition to designing and installing your solar panel system, we assist you with permitting, inspection, and applying for rebates.

Please call REenergizeCO at (970) 323-3191 today to find out if solar is right for you. Our solar energy company serves homeowners throughout the Front Range of Colorado.