Xcel Reaches Deal To Resume Solar-Power Rebates

DENVER (Denver Business Journal) - Xcel Energy Inc. and representatives of solar power companies have filed a settlement plan designed to restart the utility's rebate program that helps pay for solar power systems at homes and businesses.

The Denver Business Journal's Cathy Proctor reports that the plan calls for Xcel to switch from paying rebates for the systems when they're completed to paying over time, as the solar panels produce power.

Read more on the website of CBS4 partner the Denver Business Journal.