Colorado Incentives/Policies for Renewables & Efficiency |
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Last DSIRE Review: 12/21/2012
Program Overview:
| State: |
Colorado |
| Incentive Type: |
Utility Rebate Program |
| Eligible Renewable/Other Technologies: |
Photovoltaics, Wind, Small Hydroelectric |
| Applicable Sectors: |
Commercial, Industrial, Residential |
| Amount: | PV 10 kW-DC or smaller: Upfront incentive of $0.40 per watt DC
PV greater than 10 kW-DC: Performance-based incentive of $44.91/MWh ($0.04491/kWh) paid every 6 months for 10 years |
| Maximum Incentive: | PV 10 kW or smaller: $4,000 |
| Eligible System Size: | 500 W minimum |
| Installation Requirements: | Systems must be grid-tied |
| Ownership of Renewable Energy Credits: | Renewable energy credits are granted to the utility for the first 10 years of operation |
| Web Site: |
http://www.lpea.coop/renewables/REC_payment.html
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Summary:
La Plata Electric Association (LPEA) offers a one-time rebate, not to exceed the cost of the system, to residential and small commercial customers who install a photovoltaic (PV), wind or hydropower facility. To be eligible for the rebate, the system must be grid-tied and located in LPEA's service territory. Systems 10 kilowatts (kW) or smaller are eligible for an upfront incentive based on the nameplate capacity and other factors. Systems greater than 10 kW are eligible for a performance-based incentive.
The 2013 performance-based incentive for PV systems is $44.91/megawatt-hour (MWh), paid every 6 months for the first 10 years of operation. The upfront rebate for PV systems for 2013 is $0.40 per watt. Customers interested in installing wind or hydro systems should contact the utility to find out the rebate amount.
For the purposes of calculating the upfront incentive, the wattage of the system is determined as follows:
- Solar – the total installed PV panel capacity
- Solar with tracking – the total installed PV panel capacity times 1.25. This factor represents the additional energy output obtained by the use of a tracking device.
- Wind – the nameplate capacity times 0.30. This factor represents the expected energy output given the wind resources of LPEA service territory. If 12 months of hourly, site specific anemometer data can be provided, this factor may be adjusted to represent the site’s wind resource.
- Hydro – available head (in feet) times average annual flow rate (in cfs) times 84.64 (power conversion factor).
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Contact:
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Richard Archuleta
La Plata Electric Association
45 Stewart St.
P.O. Box 2750
Durango, CO 81302
Phone: (970) 247-5786
Fax: (970) 247-2674
E-Mail: rarchuleta@lpea.coop
Web Site: http://www.lpea.com
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Disclaimer: The information presented on the DSIRE web site provides an unofficial overview of financial incentives and other policies. It does not constitute professional tax advice or other professional financial guidance, and it should not be used as the only source of information when making purchasing decisions, investment decisions or tax decisions, or when executing other binding agreements. Please refer to the individual contact provided below each summary to verify that a specific financial incentive or other policy applies to your project.
While the DSIRE staff strives to provide the best information possible, the DSIRE staff, the N.C. Solar Center, N.C. State University and the Interstate Renewable Energy Council, Inc. make no representations or warranties, either express or implied, concerning the accuracy, completeness, reliability or suitability of the information. The DSIRE staff, the N.C. Solar Center, N.C. State University and the Interstate Renewable Energy Council, Inc. disclaim all liability of any kind arising out of your use or misuse of the information contained or referenced on DSIRE Web pages.
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