Financing and Incentives for Your Home Solar System

Two Simple Steps
to Make your Solar Dreams a Reality...

Step 1
Reduce the upfront cost of your system with rebates and tax incentives.

 Step 2
Use low cost financing, like RENU – Colorado’s Residential Energy Upgrade Loan, to make it easy to pay the balance.

Your Project Manager will make sure you take advantage of any rebates and incentives you are eligible for and help you explore financing options like RENU to cover the remaining cost. See below to learn more, or Contact Us Today.

Residential Rooftop PV, Carbondale, CO
Residential Rooftop PV, Carbondale, CO

Residential Solar Incentives and Rebates:

You may be eligible for the following tax incentives and rebates to reduce the cost of your system:

  • Federal Income Tax Credit (30%)
  • State of Colorado Sales Tax Waivers (2.9%)
  • Utility and community resource office rebates and incentives

    Zero Down, Low Cost Financing with RENU:

The Colorado Energy Office’s RENU ( Residential Energy Upgrade Loan) program in partnership with Elevations Credit Union, lets you borrow up to 100% of the cost to install a solar system on your home – at competitive interest rates with long-term payback periods.

RENU Loan Terms:

  • Loans from $500 to $35,000
  • Financing up to 100% of the project cost
  • Fixed interest rates as low as 2.75%
  • 36, 60, 84, 120 or 180-month terms

Contact SoL Energy Today to Start Making Your Solar Dream Your Solar Reality.

This retired couple In Carbondale, CO traded thier electric bill for a solar system and a loan payment, with no out-of-pocket costs.
This couple traded their electric bill for solar system and a low monthly loan payment.

Ready to Make Your Dream a Reality?

Michael and Beth, a retired couple in Carbondale, CO did! Working with SoL Energy, Michael and Beth were able to trade in their electric bill for a loan payment of about the same monthly cost and no up-front out of pocket costs.

First they reduced the upfront cost of the system with a rebate from CORE* (the Community Office for Resource Efficiency), and received a $3000 federal tax credit as well. Then, they financed the remaining costs with a low cost, 20-year loan.

Today they are paying the loan off at $45 per month, about the same as they were paying before for their electric bill.

Check out our blog page for more stories about your neighbors and to interesting facts more about solar,  like how you can  spin your electric meter backwards with a residential solar system. Click here to read more..