Colorado Incentives/Policies for Renewables & Efficiency |
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Last DSIRE Review: 11/27/2012
Program Overview:
| State: |
Colorado |
| Incentive Type: |
Sales Tax Incentive |
| Eligible Renewable/Other Technologies: |
Solar Water Heat, Photovoltaics, Solar Pool Heating |
| Applicable Sectors: |
Commercial, Residential |
| Amount: | ~15% refund on sales and use tax for the solar installation |
| Web Site: |
http://www.bouldercolorado.gov/index.php?option=com_content&task=...
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Summary:
In 2006, the City of Boulder established a solar sales and use tax rebate for photovoltaic (PV) and solar water heating installations. Solar system owners may receive a rebate (essentially a tax refund) drawn from the unrestricted tax revenues collected from solar energy sales.
Out of the sales and use taxes paid to the City of Boulder for solar projects, approximately 55% of revenues go to restricted funds. Within one year of the city’s final inspection, solar project owners can apply to receive a refund of 35% from the amount paid to unrestricted (general) funds, making the value of the refund about 15% of the city sales and use tax paid. The average rebate is approximately $140 for a 4.5 kW photovoltaic system.
The remaining 65% of the unrestricted revenues are used to fund the Solar Grant Program. The Solar Grant Program funds solar energy systems for local nonprofit organizations and homeowners in the city’s affordable housing program.
An application for Boulder's Solar Energy Sales and Use Tax Rebate is available here, and an immigration form must be completed and returned with all applications to comply with House Bill 06S-1023.
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Contact:
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Debbie Fox
City of Boulder
Local Environmental Action Division
Solar Rebate Program
PO Box 791
Boulder, CO 80306
Phone: (303) 441-1931
E-Mail: foxd@bouldercolorado.gov
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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.
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