What Financing and Incentives Are Available?

Whether you’re using the sun to heat water or produce electricity, you’re making money from day one!

• 30% federal tax credit for both heating and PV systems (unlimited for commercial; up to $2,000 for residential)
• 60% Xcel Energy PV (photovoltaic) rebate ($4.50/Watt installed)
• An accelerated depreciation schedule means you can write off your system in five years

Learn more about the available incentives in your area from the Database of State Incentives for Renewables & Efficiency - http://www.dsireusa.org/

What About Third-Party Arrangements?

• A third party energy provider finances the cost of the installation of your solar system on your property at zero cost to you
• They then sell you the electricity or heat produced from the system at a fixed rate for a period of time agreed upon by both parties (usually 10 to 15 years)
• At the end of your contract, you will have the option to renew or purchase the system at a nominal cost and enjoy free electricity and/or heat for decades to come

What Are the Benefits to Me?

• No initial cash expenditure
• Guaranteed reduced rate on utility prices
• No maintenance responsibility
• Normal terms approximately 10 years with renewal option