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Incentives/Policies for Renewables & Efficiency

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Holy Cross Energy - WE CARE Renewable Energy Generation Rebate Program   

Last DSIRE Review: 02/06/2013
Program Overview:
State: Colorado
Incentive Type: Utility Rebate Program
Eligible Renewable/Other Technologies: Solar Water Heat, Photovoltaics, Wind, Biomass, Hydroelectric, Geothermal Electric, Small Hydroelectric
Applicable Sectors: Commercial, Residential, Institutional, (Holy Cross customers)
Amount:$1.50/watt DC ($1.00/W "hardware incentive", and $0.50/W "REC incentive")
Systems larger than 6 kW may receive a different rebate amount.
Solar Water Heating: $1,500 per panel
Maximum Incentive:$9,000/installation, up to 50% of installed cost.
Systems larger than 6 kW may receive a higher rebate.
Solar Water Heating: $6,000, up to 50% of installed cost.
Eligible System Size:Maximum production of 120% of customer's monthly demand
Equipment Requirements:Solar water heaters must back up an electric water heater.
Installation Requirements:System must be designed and installed by a NABCEP certified company. Systems may also be installed by an electrical contractor licensed in Colorado if a NABCEP certified company inspects and approves the completed installation.
Ownership of Renewable Energy Credits:Holy Cross Energy (10 years)
Web Site:

Holy Cross Energy's WE CARE (With Efficiency, Conservation And Renewable Energy) Program offers a $1.50-per-watt DC incentive for renewable energy generation using wind, hydroelectric, photovoltaic, biomass or geothermal technology. Of the $1.50 per-watt payment, $1.00 serves as the rebate payment, and $0.50 serves as a payment for the renewable energy credits (RECs) the system is expected to produce. Payments are not to exceed 50% of actual installed costs, and the maximum rebate per installation is $9,000. While systems larger than 6 kW are capped at the $9,000 rebate level, there is technically no capacity limit to participate in the rebate program. Sysatems larger than 6 kW, however, may receive a different rebate amount with a cap in excess of $9,000. Contact the utility for more information.

Systems must be within Holy Cross’s service territory and connected to Holy Cross Energy's electric system to qualify for renewable energy incentives. Consumer will be required to execute an Interconnect Agreement with Holy Cross and be subject to the terms and conditions of Holy Cross’s “Renewable Energy Net Metering Service – Optional” tariff.

  Stephen B. Casey
Holy Cross Energy
P.O. Box 2150
Glenwood Springs, CO 81602-2150
Phone: (970) 947-5430
Fax: (970) 947-5455
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Disclaimer: The information presented on the DSIRE web site provides an unofficial overview of financial incentives and other policies. It does not constitute professional tax advice or other professional financial guidance, and it should not be used as the only source of information when making purchasing decisions, investment decisions or tax decisions, or when executing other binding agreements. Please refer to the individual contact provided below each summary to verify that a specific financial incentive or other policy applies to your project.

While the DSIRE staff strives to provide the best information possible, the DSIRE staff, the N.C. Solar Center, N.C. State University and the Interstate Renewable Energy Council, Inc. make no representations or warranties, either express or implied, concerning the accuracy, completeness, reliability or suitability of the information. The DSIRE staff, the N.C. Solar Center, N.C. State University and the Interstate Renewable Energy Council, Inc. disclaim all liability of any kind arising out of your use or misuse of the information contained or referenced on DSIRE Web pages.

Copyright 2013 - 2014 North Carolina State University, under NREL Subcontract No. XEU-0-99515-01. Permission granted only for personal or educational use, or for use by or on behalf of the U.S. government. North Carolina State University prohibits the unauthorized display, reproduction, sale, and/or distribution of all or portions of the content of the Database of State Incentives for Renewables and Efficiency (DSIRE) without prior, written consent.