dano

Member Since: July 10, 2006

Country: United States

  • News - Solar Economics | about 6 years ago

    I’m not sure how Xcel’s rebate works, but most power companies only rebate money on electricity you send back to them because they re-sell it. If this is how Xcel does it, then you need to subtract the amount of energy you use from the amount that your solar system produces. The difference (the extra power you send back) is what you get the rebate on. It still sounds like a great deal if you can afford the $20K up front. Too bad I just spent my last $20K on a tank of gas.

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