30 Apr '13, 5am

Colorado Wins Stronger Solar Mandate

Colorado Wins Stronger Solar Mandate

The Colorado solar industry won an important victory in a new agreement with Xcel Energy that will allow an almost quadrupling of incentive-eligible residential solar. The agreement, in principle, ups the amount of eligible residential solar from 9.6 megawatts to 33.6 megawatts and institutes a step-down plan in the incentive amount. The deal was reached April 29 and signed by Solar Energy Industries Association (SEIA) President Rhone Resch, Colorado SEIA Executive Director Edward Stern, and Karen Hyde, Regional VP of Xcel Energy (NYSE:XEL ) subsidiary Public Service Company of Colorado (PSCo). The 2013 compliance plan approved by the Colorado Public Utility Commission (CPUC) for Xcel's PSCo was “wholly insufficient” to sustain the state’s burgeoning residential solar industry, according to REC Solar Director of Governmental Affairs Ben Higgins. Colorado built 13.8 megawat...

Full article: http://www.greentechmedia.com/articles/read/Colorado-Wins...

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Colorado Clean Energy Win

Colorado Clean Energy Win

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