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Solar*Rewards Community System Owners - CO

Solar*Rewards Community

Participating as a Subscriber Organization

Overview for Subscriber Organization

Under its Solar*Rewards Community program, Xcel Energy will offer to purchase the energy and renewable energy credits (REC) generated from qualified solar gardens. A REC represents the environmental attributes of 1 megawatt-hour (MWh) of electricity generated from an eligible renewable energy resource. Of the MW dedicated to Solar*Rewards Community annually, a portion will be allocated to standard offers of 500 kW or less. The remaining MW will be dedicated to the large request for proposal (RFP) program for large (greater than 500 kW) systems, for competitive project development.

Standard Offer Program

The standard offer will encompass two programs based on system size: Small Program (systems 10 kW – 50 kW) and Medium Program (systems 50.1 kW – 500 kW). The standard offer is a performance-based incentive paid over 20 years ($/kWh). 

The chart below shows the capacity and REC incentive levels for the 2013 standard offer program. The REC prices are for subscriber organizations and are paid monthly based on the solar garden subscribed energy production.

2013 Solar*Rewards Acquisitions- Standard Offer
Step Capacity (MW) Small Program 10-50 kW REC ($/kWh) Medium Program 50.1-500 kW REC ($/kWh)
3 1.5 13¢ 10¢
4 3 11¢

 

The 2013 standard offer program will launch on June 3rd at 10:00AM MDT. In order to submit a Solar*Rewards Community application, you will need the following information:

  • Subscriber organization name and address
  • Primary application manager name and email address
  • Developer name and address
  • Solar garden name and address
  • Name plate capacity of garden
  • Estimated yearly energy production of garden
  • Total system cost
  • Estimated completion date

For complete requirement for solar gardens, please see Solar Garden Requirements. For more information about the Application Deposit and Escrow, and other details, please see the FAQs.

Large (RFP) Program

The Company will solicit competitive bids (systems between 500.1 kW and 2 MW) for up to 4.5 MW of installations through the 2013 RFP. Once the bid requirements are satisfied, the Company will use the balance of quantitative and qualitative information to make the project selections. The 2013 RFP will be released on August 1, 2013. More details will be send to the mailing list prior to the release date.

How to Apply

You may request an interconnection pre-screen prior to the official program launch date in June, 2013. Please complete and submit Request Form.

Please note: All information related to the Solar*Rewards Community program is pending final approval of the RES Compliance Plan by the Public Utilities Commission.