Implementing Sector | Local |
---|---|
Category | Financial Incentive |
State | Colorado |
Incentive Type | Grant Program |
Web Site | https://bouldercolorado.gov/services/solar-grants |
Eligible Renewable/Other Technologies | Solar Water Heat, Solar Photovoltaics |
Applicable Sectors | Nonprofit, Multifamily Residential, Low Income Residential |
Incentive Amount | $1 per watt based on system capacity |
Maximum Incentive | Limited to 50% of total project costs after other incentives are applied or, $8,000 maximum cap |
The Solar Grant Program provides grants for PV and solar water heating installations on income-qualified homes, site-based non-profit organizations, and low- to moderate-income housing owned and/or developed by a non-profit organization. Individual grant amounts are determined on a case-by-case basis but generally will not exceed 50%, or $8,000, of the total out-of-pocket costs for the project after all rebates, tax credits, and other incentives are subtracted. There are two grant cycles each year. Submissions are due by April 30 and October 31. Additional information and grant applications can be found on the website listed above.
The Solar Grant Program is funded out of sales and use taxes paid on solar projects in the City of Boulder. A portion of those taxes is rebated under theĀ Solar Sales and Use Tax Rebate program.