Tag Archives: rebates

Xcel Energy and SunPower Sign 17MW Contract

From SolarBuzz.com

Xcel Energy and SunPower Corporation have signed an agreement to build a 17-megawatt AC photovoltaic solar power plant in Colorado’s Alamosa County.

When completed at the end of 2010, the power plant will be the second-largest high-efficiency solar PV power plant in North America. It is expected to create approximately 200 jobs during construction.

“We believe that solar power generation will play an increasingly vital role in our efforts to meet the wishes of our Colorado customers for more renewable, clean energy sources,” said Tim Taylor, president and CEO for Public Service Co. of Colorado, an Xcel Energy company. “SunPower’s experienced approach to solar power plant design and construction will allow us to quickly complete this important project.”

The plant will use SunPower® Tracker systems, which generate up to 30 percent more energy per land area than conventional systems and reduce land-use requirements.

Xcel Energy is ranked as the fifth-largest utility provider of solar power in the nation. In Colorado, the company has acquired more than 25 megawatts of on-site solar generation from homes and businesses participating in Xcel’s Solar*Rewards rebate program. In addition, the company buys power from an 8.2-megawatt solar farm adjacent to where the new facility will be built.

Incentives target green-energy consumers

By Samantha Tisdel Wright, Ouraynews.com

Thinking about going solar? There’s never been a better time than 2009.

Both the feds and the Governor’s Energy Office (GEO) are offering hefty rebates and tax credits as incentives for home and business owners to install energy-saving solar electric fixtures on residential or commercial properties.

Solar energy advocates are celebrating recent legislation that industry insiders have called “the most significant federal policy ever enacted for the solar industry.”

Haven’t heard much about it? That’s because the legislation was a “sweetener” tagged onto the $700 billion Emergency Economic Stabilization Act of 2008, designed to entice more green-minded Democratic legislators to vote for the controversial bailout bill.

While on-the-fence Dems say they were more swayed by personal phone calls from Barack Obama, the legislation they and their Republican counterparts enacted in October significantly boosts the viability of solar energy in U.S., extending by eight years a 30% federal investment tax credit which was doomed to expire at year’s end.

A $2,000 monetary cap for residential solar electric installations, part of the original tax credit provision, has been scrapped in the reincarnated version, creating a profoundly more substantial credit for homeowners looking at PV installations that can cost upwards of $20,000, said Jill Markey, who with her husband Leif Juell, runs the Ridgway-based business Alternative Power Enterprises.

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