Utility PV Rebate

January 03, 2006


On November 2, 2004, Colorado voters passed Amendment 37, a proposed renewable energy requirement. The initiative requires Colorado utilities with 40,000 or more customers to generate or purchase a percentage of their electricity from renewable sources. Additionally, the initiative establishes a standard rebate offer for solar electric generation equipment and a state-wide net metering system. Under the initiative, utilities are required to offer customers a minimum rebate of $2.00/watt of installed solar electric capacity, up to 100 kW. Systems may be net metered, and net excess generation may be carried forward as a credit to the following month’s consumption. Amendment 37 took effect December 1, 2004, but the PUC has until April 1 to start crafting rules to enforce it. The rule-making process, which must be finished by March 31, 2006, gives utilities time to meet the requirements for 2007. Details yet to be decided include technology type and customer eligibility.

Program Overview

Implementing Sector: State
Category: Financial Incentive
State: Colorado
Incentive Type: Rebate Program
Web Site:
Start Date: 12/1/2004
Eligible Renewable/Other Technologies: Solar Photovoltaics
Incentive Amount: Minimum of $2.00/watt


Name: Amendment 37, Article 2 of title 40, CO Revised Statutes
Date Enacted: 11/2/2004
Effective Date: 12/1/2004
Expiration Date: None

This information is sourced from DSIRE; the most comprehensive source of information on incentives and policies that support renewables and energy efficiency in the United States. Established in 1995, DSIRE is operated by the N.C. Clean Energy Technology Center at N.C. State University.