Xcel, solar groups agree on Colorado incentives

102

DENVER | Xcel energy and two solar industry groups have made a joint interim proposal to Colorado utility regulators on incentives that encourage customers to put panels on their roofs.

They announced their agreement Tuesday, a day before the Colorado Public Utilities Commission opens hearing on Xcel’s renewable energy policy plan. The contentious issue of net metering remains unresolved.

Xcel and the solar groups call for the commission to approve 3 cents per kilowatt hour of Solar Rewards for customer-owned installations, keeping the program active pending the overall renewable energy plan’s approval.

The commission had separated net metering from the overall review after Xcel raised questions about the policy. Net metering allows homeowners to get credit for the solar energy they put back into the grid to be sold on to others.

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.