SolStore Energy Power Pueblo Colorado Springs Colorado

Xcel Energy announced its plans to slash solar incentives.They filed with the PUC to reduce their solar rebate from $2.00/watt to $0.25/watt.

This 88% decrease erodes market stability and reduces options for consumers.While Xcel has offered to increase its REC price to $1/watt, they could lower this at any point, putting the solar industry at risk. This is obviously very concerning.

All of us have worked hard to make Colorado a national leader in clean energy. Creating a stable marketplace is key to economic growth and job creation.

We need to work together to address this challenge head on.