Following in Xcel Energy's footsteps, Black Hills Energy is reducing the solar rebate for small category systems in Colorado (less than 10kW). The rebate will drop from $3.50 per watt down to $2.70 per watt, a reduction of 23%.

This $0.80 per watt reduction in the Black Hills Energy solar rebate will be effective at Midnight tonight (January 15th).

The Black Hills Energy solar rebate, like Xcel Energy, is a combination of a rebate payment and a renewable energy credit (REC) payment. The REC payment of the small category incentive (currently at $1.50 per watt) will decrease to $0.70 per watt, the rebate payment ($2 per watt) is fixed and thus will remain unchanged.

Xcel Energy has initiated similar reductions to their solar rewards rebates over the past several months. Xcel released a new tiered rebate system to inform solar integrators and customers exactly when and how their solar rebate would change in the future. The California Solar Initiative (CSI) has a similar method of distributing rebates.

If you are a Black Hills Energy customer in Colorado, please contact us today if you are interested in solar for your home or business.