I got a letter from the guy who helped me install my system today. Looks like Xcel Energy is offering $2.50/DCwatt on solar electric systems in Colorado, and they don't have to be grid-tied! I just read the contract and it looks like they're buying renewabal energy credits with this program?
The contract is in force for twenty years :-0 and this is the only part that bothers me a little. Well, that and the fact that this money is certainly coming out of the taxpayer's pocket in one form or another.
They don't own any part of my system with this contract. It's awfully tempting to their $1650 but a dang year-long cellphone contract bothers me. I'm tying up my RECs with them for TWENTY years if I sign this thing. It's unclear what happens if I sell the house, or die, or bring the grid in down the road.
Anyone got any opinions on signing away my RE credits at this time? I sure could use that money.