Electricity In Colorado

Approximately 57.89% of the electricity providers in Colorado offer net metering to their consumers. At the state level, Colorado has favorable regulations for consumers interested in purchasing solar panels.

The average energy loss for electricity providers in Colorado is 3.59%. This includes data from 40 companies, including Public Service Company of Colorado, Colorado Springs Utilities, and Intermountain Rural Electric. For comparison, the US average energy loss is 2.72%. Colorado ranks 21st worst in the nation for grid efficiency based on energy loss.

When it comes to stimulating home installs of solar, tax and rebate incentives from the government are some of the easiest methods. Colorado, unfortunately, has no statewide tax credits offered to residents who purchase solar panels. The state offers limited local rebates rather than a statewide rebate program. Fortunately, Colorado offers a 100% tax exemption to consumers who wish to install private solar. The state provides a 100% sales tax exemption to anyone who purchase solar. This is great news for people in the state.

Whether a consumer is able to seek out electricity plans with renewable fuel sources is at least somewhat determined by state level legislation. Many states require green fuel types to be a portion of the fuel used for electricity production by providers in the state. These requirements are known as Renewable Portfolio Standards (RPS). Electric suppliers in Colorado are required to generate a minimum of 25% of their electricity using renewable fuels. Additionally, there are currently no low income solar programs to assist low income families to install solar panels.