Economics of Solar With the availability of utility rebates and state and Federal financial incentives, solar energy has become increasingly cost-effective with a typical ROI of five to seven years. The State of Colorado and Federal government both offer tax credits to cover a portion of the purchase of solar electric and solar thermal systems. For homeowners, SolSource offers a complete financing package for solar PV and domestic hot water systems through several commercial banks.
You can choose to roll the cost of your solar energy system into your mortgage (or re-finance) or take out a low-interest loan.
Utility rebates through Xcel, Blackhills, Colorado Springs Utility (CSU) can buy down the cost of your system by up to 50 percent. SolSource helps to simplify
the process of securing your solar electric or solar thermal system by handling all the required paperwork to process the rebate. If needed we can
"float" the rebate, which reduces your out-of-pocket expenses. |
|
||||



