We are all well aware of the fantastic benefits and environmental perks associated with solar energy.
To take it a step further, Xcel Energy has recently announced the latest incentives that residents can avail themselves of in Denver. If you have been planning to get solar technology for your home, office, or just any place, this is your perfect chance to do so.
What Is It All About?
It is basically a kind of incentivized program that comes with super simple conditions. You just need to earn “renewable energy credits” And how do you do that? Simply by using the energy generated by the solar system. You can make money and receive payments either every year or monthly.
They have even introduced a bank for excess solar energy.
A solar bank is a virtual place in which you can easily store and reserve power for the months to come. Whenever the system generates additional energy from the sun than what is required, the excess energy is sent into the grid. Any surplus is saved in the virtual solar reserve for subsequent consumption.
What Makes You Eligible?
To qualify for these incentives, one needs to be an Xcel Energy’s electricity consumer of
business or resident. Additionally, the user’s identity on the registration should match the
identity upon that Xcel Energy account or bill.
Every apparatus has to be UL 1741 approved and listed in the Solar Equipment Lists on the CEC
site and pop up in some kind of a new tab. Additionally, there is a need to produce standard
liability insurance for each relevant occurrence. This is not an exhaustive list of the conditions
involved; keep reading to know more.
How to Start?
Planning to hop on the bandwagon? There are a few mandatory steps you need to take.
You initially need to find a reliable solar installer, then you need to choose the programs available
Lastly, you need to apply for interconnection. In these three simple steps, you can be a part of Denver’s incentive program for solar. This will help you save money and energy simultaneously.
In a Nutshell
This initiative has been widely applauded by people around the globe. It is the best time to save
costs and help preserve the climate as well. It will offer long-term and short-term benefits to
the people. This whole project has been like a breath of fresh air for the locals and beyond.