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

    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

Learn more about the Solar Rebates and Solar Grant Programs that the City of Boulder has to offer to see if you are eligible.

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