I got an email from REC Solar this morning telling me that the solar rewards rebate the Xcel hands out will lower from $4.50 to $3.50.
I wonder what will happen to the Colorado solar industry as the rebates drop.
I think Xcel should have given people more than 24 hour notice, they should have given them 2 months notice.
The rebate will be lowered from $4.50/DC watt to $3.50/DC watt, resulting in increased solar system pricing.
In order to qualify for the $4.50 rebate amount, we have to submit your application by 11:50pm today, Friday, October 24, 2008.
