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Business

Xcel Stops Taking Solar-Rebate Applications

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DENVER (Denver Business Journal) – Xcel Energy Inc. on Thursday said it has temporarily stopped taking applications for its Solar*Rewards rebate program for solar power systems at homes and businesses in Colorado, dealing a potentially devastating blow to the metro area’s solar installation industry.

The shutdown follows Xcel’s announcement Wednesday that the utility would cut total rebate levels for small-scale customer-owned solar power systems immediately from $2.35 per watt to $2.01 per watt.

denver business journal Xcel Stops Taking Solar Rebate ApplicationsRead more on the website of CBS4 partner the Denver Business Journal.

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