Xcel Energy wants to change the way they give out incentives for customers to add solar power.
The new Solar Rewards program would give out more rebates, but the amounts will shrink over time.
Xcel Energy wants to add another 257 megawatts of solar power to the grid from on-site sources such as customer rooftops in the next decade, according to the company’s new renewable energy plan.
Last year, Xcel announced its intention to cut the Solar Rewards program — which gives rebates to customers who put photovoltaic panels on their property — by about 50 percent from 2009 to 2010. After an outcry from solar advocates, Xcel worked with the Colorado Solar Energy Industry Association and the Governor’s Energy Office to revise its plan. Read more