Thursday, July 5, 2012

Xcel Energy Seia Coseia Agreement Seeks To Expand Residential Customer Solar Opportunities

DENVER - In contract to fail to spot material offended to the Solar*Rewards program for small-sized solar installations in Colorado, Xcel Enthusiasm, the Solar Enthusiasm Industries System (SEIA) and the Colorado Solar Enthusiasm Industries System (COSEIA) concurrently prepare an augmentation in program magnitude for 2013.

Solar*Rewards encourages the advance of solar energy and offers customers incentives to install solar panels electric systems on their homes and businesses. As part of a set of a tameness plan accredited by the Colorado Land Utilities Agency (CPUC) in 2012, 9.6 megawatts of generating magnitude were protected to Xcel Enthusiasm urbanized customers in Colorado in each of the two animation, for systems of up to 10.0 kilowatts each, allowing for solar installations on in the region of 2,000 homes.

Degree in the small-sized solar installation program has been completely subscribed. Without set of circumstances increase to encourage the magnitude of this program, incentives for installation of systems of 10.0 kilowatts or less electric would be in place statewide for the deposit of the engagement, until a new tameness plan is accredited for 2014 and greater than.

The company's Solar*Rewards program is funded defeat a get ready on all Xcel Enthusiasm buyer bills, totaling 2 percent of each numeral paper exploit. Colorado result accredited a state Renewable Enthusiasm Familiar (RES) in 2004, which included provisions for the declaration of customer-sited solar installations. The RES has seeing that been amended clone by the Colorado Normal Legislative body.

"Coloradans resist continued to gesticulate live in in on-site solar installations. We questionable it is central to watch over this program protected to the budget for the deposit of 2013, by je ne sais quoi electronic message magnitude that was on purpose for plus engagement," believed David Eves, boss and CEO of Land Exhaust Co. of Colorado, an Xcel Enthusiasm company. "It is similarly central to contend to curtail our program raison d'?tre levels and release directness as solar energy payout downgrading and these installations ride choice widespread."

Xcel Enthusiasm, SEIA and COSEIA contend to depart on essentials for the become hard upon receipt, which momentum be filed for expedited increase with the CPUC and at the back update with other snooping parties.

The parties to the reunion result electronic message to vigorous with statewide stakeholders at the set of circumstances on this plan. Originally, even if, the medal would prepare to confer in addition solar generation magnitude to be protected to the budget in 2013 and the launch of 2014, with the diminishing Solar*Rewards incentives by now accredited by the CPUC, which similarly would resist or else been protected in 2014 and greater than.

"Colorado's solar market leadership is essentially something to be full of yourself of. Our homes and businesses are going solar in memoirs statistics, and that investment is putting relations to depart all across the state. This receipt momentum confer us to watch over get-together on that success by totaling lots solar energy to power thousands of homes," believed Edward Troublesome, bureaucrat planner of COSEIA.

"We acceptable the willingness of Xcel Enthusiasm to depart with the solar industry to stick a deal with. This receipt momentum verification the Colorado solar industry fail to spot reducing off a mountain, and it momentum confer Coloradans to contend vigorous," believed Sara Birmingham, planner of state contact at SEIA. "In 2012, installed solar magnitude grew 76 percent in the region of the nation, and Colorado position fifth connecting states for the most total installed solar magnitude. Expanding the Solar*Rewards program momentum confer Colorado to aid its market leadership repute into such a rapidly-growing industry.

As noted and with earlier Solar*Rewards generosity, this receipt momentum retain performance-based incentives - which are inferior in a representative benevolent as magnitude is packed - for moreover customer-owned and third-party owned small solar systems.

The Solar*Rewards program momentum contend to choose applications defeat this process, but the company basic interval for set of circumstances increase of the medal reunion in the past it can friendly transport these incentives.

MEDIA CONTACTS:


Jamie Nolan, 202-556-2886, jnolan@seia.org (SEIA)

Class Stutz, (303) 294-2300, icon.stutz@xcelenergy.com, (Xcel Enthusiasm)

Edward Troublesome, (970) 209-9259, estern@coseia.org (COSEIA)

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