Energy Efficiency & Renewable Energy Rebates and Incentives
Incentives are available from the Governor's Energy Office, the Federal Government, Xcel Energy and the Town of Frisco. The High Country Conservatino Center is available to help answer questions or point you in the right direction.
Governor's Energy Office (GEO) rebates are available on www.rechargecolorado.com. Rebates are first come first serve and you can reserve them online or by phone (800) 462-0184.
MORE MONEY is now available until September 30th for insulation, duct sealing and energy monitors. Chek out the table below.
Have you heard that GEO is running out of money for rebates? Only 20-30% of the people who reserve their rebates are actually following through on them. So even if there is a waitlist for popular rebates like appliances, it's worth signing up.
Summit County and Towns have contributed matching funds so that rebates will be available to Summit County residents. If you live in Summit County, there is money for you! Reserve your rebate through thte Governor's Energy Office website or call center. Thank you to Summit County, Frisco, Silverthorne, and Breckenridge for ensuring residents can take advantage of energy savings.
Federal Incentives are available at www.energystar.gov
Xcel business and commercial incentives (not shown here) are available at: http://www.xcelenergy.com/Colorado/Business/Progrograms_Resources
Xcel renewable energy incentives are available at: http://xcenergy.com/Colorado/Company?pages/Home.aspx
Xcel residential incentives (not listed below) include airsealing and weatherstripping ($150), attic insulation and bypass sealing ($225), High Efficiency Lighting (CFLs, $40). Call Kodiak Enterprises, your local Xcel Energy Auditor, for more information on Xcel residential rebates and incentives, 970-468-2446.
ENERGY EFFICIENY
Biomass Stove |
tax credit 30% of cost up to $1,500 |
Federal |
Advanced main air circulating fan |
tax credit 30% of cost up to $1,500 |
Federal |
Air source heat pumps |
tax credit 30% of cost up to $1,500 |
Federal |
Central Air Conditioning |
tax credit 30% of cost up to $1,500 |
Federal |
Gas/Propane/Oil hot water boiler |
tax credit 30% of cost up to $1,500
rebate $400, gas boiler |
Federal
GEO |
Natural gas or propane furnace |
Tax credit 30% of cost up to $1,500 |
Federal |
Oil furnace |
tax credit 30% of cost up to $1,500 |
Federal |
Gas condensing furnace |
rebate $500 |
GEO |
Hot water heater gas condensing high performance |
rebate $200 |
GEO |
Hot water heater gas tankless |
rebate $300 |
GEO |
Storm windows and doors |
tax credit 30% of cost up to $1,500 |
Federal |
Insulation |
tax credit 30% of cost up to $1,500
40% of cost up to $400 - For a limited time until September 30th, rebate is 40% up to $600 and can be added to Xcel rebates. |
Federal
GEO |
Duct sealing |
rebate 20% of cost up to $75 (will not exceed $125 if combined with an existing local utility rebate) For a limited time until September 30th, rebate is 40% up to $150 and can be added to local rebates. |
GEO |
Metal an asphalt roofs |
tax credit 30% of cost up to $1,500 |
Federal |
RENEWABLES
Small wind turbine residential |
tax credit 30% of cost
rebate 30% of cost (up to 10 kW) |
Federal
GEO |
Small wind commercial |
rebate approx. 15 to 20% cost |
GEO |
Geothermal heat pump |
tax credit 30% of cost |
Federal |
Solar PV systems |
tax credit 30% of cost
rebate $2.45 per W (for .5-10kW systems)
rebate 20-30% |
Federal
Xcel
GEO |
Solar water heaters |
tax credit 30% of cost
rebate 30%, |
Federal
GEO |
Solar thermal and/or hot water (commercial only - no pools, spas or snowmelt) |
rebate approx. 30 % cost |
GEO |
Fuel Cells |
tax credit 30% of cost, up to $500 per .5kw of power capacity |
Federal |
ENERGY AUDITS AND MONITORING
Energy audit |
rebate, $25-$100 depending on cost of audit
rebate, $150, (non-Xcel audit) |
GEO
Town of Frisco |
Whole-house energy monitor |
rebate $50 (will not exceed $100 if combined with an existing local utility rebate) For a limited time until September 30th, rebate is 40% up to $100 and can be added to local rebates. |
GEO |
APPLIANCES
Clothes washer |
rebate $75 |
GEO |
Dishwasher |
Rebate $50 |
GEO |
Refrigerator |
Rebate $100 with proof of recycling |
GEO |
Two major pieces of legislation have passed in the past two years that affect Colorado residents positively where energy is concerned. One is the national Energy Policy Act of 2005 and the other is Colorado’s Amendment 37, which is known as the Renewable Energy Requirement to many. We will cover the basics of each here so that you know how each will affect you.
Energy Policy Act of 2005
This Act provides tax incentives and loan guarantees for energy production of various types. There are many provisions included in the Act, just a few of them are:
- Provides a tax credit of up to $3,400 for owners of hybrid vehicles
- Authorizes subsidies for wind energy and other alternative energy producers
- Allocates $50 million annually for a biomass grant program
- Contains several provisions aimed at making geothermal energy more competitive with fossil fuels
- Requires that the Dept of Energy study and report on existing natural energy resources including wind, solar, waves and tides
- Provides tax breaks for those making energy conservation improvements to their homes
All of this means that as a consumer you can receive:
- A credit of up to 30% of the cost (up to $2000) for installing solar-powered hot water systems
- Tax credits up to $500 on the amount they spend to upgrade thermostats, to caulk leaks or to stop energy waste
- Up to $200 credit for installation of new exterior windows
- Up to $300 credit for purchases of a highly efficient central air conditioner, heat pump or water heater
- Up to $150 for installation of a highly efficient furnace or boiler
- Credits for cars and light trucks that are more fuel efficient than 2002 models
To learn more about the Energy Policy Act of 2005 click here.
Amendment 37- Renewable Energy Requirement
The initiative requires Colorado utilities with 40,000 or more customers to generate or purchase a percentage of their electricity from renewable sources. This will be achieved according to the following schedule:
3% from 2007 through 2010
6% from 2011 through 2014 and
10% by 2015 and thereafter.
Furthermore, 4% of the energy from each year must come from solar and half of that must come from solar systems located on-site. Besides solar, other options are wind, geothermal, biomass (through the burning of plants, landfill gas, animal wastes), small hydroelectric and hydrogen fuel cells.
Additionally, each kWh of renewable electricity generated within Colorado will be counted as 1.15 kWh in an effort to encourage that renewable energy be generated within the state.
Included in the initiative is a required rebate program. In other words, utility customers installing solar electric generation equipment on their property may earn a rebate for excess annual use sold to the utility.
To read all the details of the Renewable Energy Requirement in an article by DSIRE (Database of State Incentives for Renewable Energy) click here.
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