The World’s Standard for Solar™—Now Available for Zero Down
Now you can get the planet's most powerful solar for no money down and a monthly payment that is less than your electric bill. That means instant savings with no investment required!
The Planet’s Most Powerful Solar®
SunPower panels hold the world record for efficiency, which means you can:
• Maximize your roof space to produce the most power
• Use less roof space to produce the energy you need today and gain the flexibility to expand your system in the future
• Generate more electricity over the lifetime of your system, in a range of conditions
The Trusted Choice for Solar
More U.S. homeowners and businesses choose SunPower than any other solar solution.
• Largest residential install base in the United States
• Tens of thousands of residential systems installed across three continents
• Major companies turn to SunPower for their solar installations, including Wal-Mart, Johnson & Johnson, Microsoft and Toyota
SunPower Lease Details
• Free monitoring service with mobile access for iPhone®, iPod®, iPad® and Android
• Performance guaranteed for 20 years, or your money back
• Potential to save on your monthly electric bill now without a large up-front expense
• Flexibility at end of lease—Renew the lease, buy or return the system
• If you sell your home at any time during the term of the lease you can buy the system for the remaining value amount, or transfer the lease to the new owner
Many people install solar PV systems because they want to do their part to create a brighter future. Not only is solar energy improving the health of the planet, it can also improve your own financial health.
Environmental Benefits
It is commonly understood that our traditional methods of generating electricity have created one of the most pressing environmental challenges of our time. Solar energy can be part of the solution. By installing solar on your home, you’ll be creating clean, renewable, pollution-free electricity for decades to come. In the process, you’ll reduce our country’s dependence on fossil fuels and make the world a better place for future generations.
The average size solar PV system installed in Colorado is 5kW. A system of this size will offset about 75 percent of the electricity use in the average home.
The environmental benefits include:
- Eliminates almost 15,000 lbs. of carbon emissions from the atmosphere each year
- Equivalent to not driving over 16,000 miles each year in the average car
- Equivalent to planting 574 total trees
Solar energy makes financial sense as well. Rebates and tax credits combine to significantly offset your costs. The investment you make in your solar electric system will protect you from rising electricity prices for years to come, while offering a better return than treasury bonds or CDs—and less volatility than stocks. You’ll enjoy watching your meter “spin backward,” lowering your utility bills and adding value to your home.
“We took money out of savings, with the concurrence of our financial advisor, to invest in what should be a slam-dunk decision for everyone on the Xcel grid who has the capability of installing an efficient system like ours. This investment beats any other investment hands down and does so with the highest level of certainty. We’ll have a return of principal in 10-12 years followed by many, many years of free electricity. And, we will have helped the environment substantially in the process.”
– Kermit M., Littleton, CO
SUMMARY OF INCENTIVES FOR COLORADO
Xcel Rebates and Renewable Energy Credits (RECs)
- $1.00 per DC watt cash rebate (about $6,000 for a typical system!)
- $0.09 per kWh Renewable Energy Credits (RECs) for 10 years (about $7,000 for a typical system!)
- Minimal system size to qualify for rebate/REC’s is 0.5KW
Federal Income Tax Credits
- 30% of out-of-pocket costs after deducting any state/local incentives
State of Colorado
- State sales tax waiver (2.9%)
- RTD sales tax waiver (1.2%)
The City of Boulder
- The rebate is approximately 15% of the sales tax
The Bottom Line
In practical terms, these incentives reduce your total out-of-pocket costs for a solar electric (PV) system by as much as 50 percent!