Xcel Energy Solar*Rewards Rebate program

Currently, there are three rebate categories: Small, Medium, and Large. Each category is based on the DC wattage of the solar PV system. As part of our turnkey installation, Namasté Solar will handle all the paperwork and float the Xcel rebate, decreasing your capital investment expenditure.

Small: 0.5 kW– 10.0 kW

• $2.00 per watt rebate paid upon installation
• $1.50 per watt Renewable Energy Credit (REC) payment paid upon installation Medium: Tier 1 - 10.1 kW – 100.0 kW

Medium: Tier 1 - 10.1 kW – 100.0 kW

• $2 per watt rebate paid upon installation
• Renewable Energy Credit (REC) - $____ per kWh paid for solar electricity production over 20 years. Please visit the following link to see the most current REC prices available: Xcel Energy

Medium: Tier 2 - 100.1 kW – 500.0 kW

• $200,000 rebate paid upon installation
• Renewable Energy Credit (REC) - $____ per kWh paid for solar electricity production over 20 years. Please visit the following link to see the most current REC prices available: REC

Large: 500.1 kW +

• $200,000 rebate
• $____ per kWh paid for solar electricity production (determined in Xcel Energy private bid RFP)