Solar Incentives in Colorado
Colorado's net metering policy allows commercial businesses to receive credits for excess energy that their solar system produces. Credits can be applied to future utility bills to alleviate energy costs.
Colorado offers the Property-Assessed Clean Energy (PACE) financing program, which allows commercial property owners to borrow money to pay for energy improvements without a large upfront cost coming out of the business' pocket.
In Colorado, businesses can avoid the 2.9% sales tax, and certain districts exempt property taxes for installed solar energy systems.
What is the REAP Grant (Rural Energy for America Program)?
The USDA's "Rural Energy for America Program," or “REAP,” offers a grant designed to encourage agricultural and rural businesses to maximize their energy efficiency with solar.
| savings | Take advantage of REAP Grant savingsThe REAP grant can cover up to 50% of your solar energy system costs allowing you to break even in as little as 1 year. There are millions of dollars available to rural and small to mid-size businesses in Colorado, as well as AG producers through this program. |
| handshake | How can Greentech Renewables help?Greentech Renewables can help you with each stage of the grant application process, from finding an installer to working with a grant writer. |
| sunny | Can I take advantage of the REAPGrant?Small businesses in eligible rural areas of Colorado and any agricultural producer can apply and may be eligible.
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Act Now!
There are several incentives to reduce the cost of getting a commercial solar system in Colorado, but none as significant as the REAP grant. The 50% rebate on your solar energy system is one of the best incentives offered in the history of the solar industry, so take advantage of the USDA's REAP Grant while it is still available. Fill out our interest form to get started!
The REAP Grant is available in:
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