GEO Announces Solar Rebate Partnerships

feature photo The funding is effectively doubling the monies available in this rebate program by partnering with cities, utilities, and non-profit organizations through a matching grant program.
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DENVER- The Governor’s Energy Office (GEO)) announced today that 32 Partners have joined the Solar Rebate
Program to promote installations of solar hot water, solar electricity (photovoltaic - PV) and, an orphan hot water systems program for residents and businesses statewide.

“Solar is a terrific long-term investment to save money at home and reduce energy costs for businesses and homeowners,” said Tom Plant, director of the GEO.

“Solar is a win-win-win for communities, creating clean energy  jobs and providing for clean, reliable power and stable energy prices.”

The Colorado Solar Energy Industries Association is administering the program for the GEO. The program is designed to increase the overall number of solar installations throughout the state. The funding is effectively doubling the monies available in this rebate program by partnering with cities, utilities, and non-profit organizations through a matching grant program.   The Program Partners will use the GEO’s matching grant funds to set up local solar rebate programs. 

Colorado home and business owners that invest in solar hot
water in early 2009 may be eligible for rebates offered by a
local Program Partner. The rebates will allow customers to
install solar systems at considerable savings.

“With a combination of the GEO rebates and tax credits, Colorado home and business owners can save 50-55% on solar hot water or PV installations. In addition to these savings, these systems can save anywhere from $250-500 per year in energy costs,” said Plant.

Program Partners will begin accepting rebate applications on
February 2, 2009. The Partner will review the application and
upon approval, provide customers with a Rebate Reservation.
Customers have 90 days from the date of the reservation to
complete the installation process.

A complete list of participating Program Partners can be found at www.coseia.org. To learn more about the program and how to receive a rebate, visit the website www.coseia.org, or www.Colorado.gov/energy.

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