12/17/2023 0 Comments Rocky mountain power window rebates“More than one third of our energy production comes from noncarbon resources and we’ll take yet more aggressive steps to decarbonize, but in order to achieve our goals, we need support from customers in our communities.”Įfficiency Works helps residential and commercial customers of Platte River Power Authority’s owner communities improve their energy efficiency through energy advising, assessments, rebates and additional offerings. “Active engagement by customers to manage their energy use is key to achieving a noncarbon electric future,” said Jason Frisbie, general manager and CEO of Platte River Power Authority, which administers the Efficiency Works program on behalf of the four owner communities. The energy savings in 2021 further prevented approximately 14,906 metric tons of carbon dioxide emissions from entering the atmosphere, roughly equal to removing 3,231 cars from regional roads for a year, based on the EPA subregion’s emission rates. Rocky Mountain Power offers the top utility net metering program in Utah.Residential and commercial electricity customers in Estes Park, Fort Collins, Longmont and Loveland saved 19,700 megawatt-hours (MWh) of energy through the Efficiency Works Program in 2021, enough to power 2,518 homes for a year. That way, if your solar panels aren’t producing enough electricity – like if it’s cloudy or at nighttime – you can use your credits instead of having to pay for electricity from your utility. When you install a solar panel system on your roof in Utah, net metering allows you to send your extra solar electricity back to the grid and receive credits on your electric bill. Going solar doesn’t mean that you’re not connected to the grid. And thanks to the state’s solar rights law, your local zoning authority can prevent developers from prohibiting the installation of solar panels on your home. With Utah’s solar easements law, you can work with your neighbors to make sure that nothing shades your solar panel system while the sun is shining. Solar panels can harness the energy from the sun, but they need clear access to sunlight to properly do their job. Other Utah solar incentives Solar easements and rights Keep in mind that the ITC applies only to those who buy their PV system outright (either with a cash purchase or a solar loan), and that you must have enough income for the tax credit to be meaningful (unless you’re a tax-exempt entity, in which case you might be eligible for a direct payment). The federal solar tax creditĭon’t forget about federal solar incentives! With the investment tax credit (ITC), now referred to as the Residential Clean Energy Credit for residential systems, you can reduce the cost of your PV solar energy system by 30 percent. Note that this tax credit will be reduced in value by $400 each year and expires in 2022, so now is the time to get started on your solar project. That’s in addition to the 26 percent federal tax credit for solar – not a bad deal for a system that can save you thousands each year on your energy costs! You can claim 25 percent of your total equipment and installation costs, up to $800. If you install a solar panel system on your home in Utah, the state government will give you a credit towards next year’s income taxes to reduce your solar costs. Utah's solar tax credit makes going solar easyįor Utah solar shoppers, state and local tax credits mean there’s never been a better time to start exploring solar offerings: Renewable energy systems tax credit
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