XCEL Energy lowered the rate they are paying for residential solar energy (systems under 10 KW in size), since they are exceeding the amount of  renewable energy mandated by the government.  Nth Degree Solar Energy keeps abreast of these issues so you don’t have to.

All customers get $2.00 per DC watt to offset cost of equipment.  Commercial solar installations over 10 KW in size generate production electricity and get paid 11.5 cents per KW hour thye generate.

The rebate rate of $1.50 for residential customers is being lowered in step fashion as more solar PV arrays are installed.  Check here for the current rate.

With all the hype of solar energy, you need to be away that there are good and not so good things about solar.

Let’s start out with the disadvantages, and get it over:

• It only works when the sun shines
• Generation is the easy part, storage is the hard part
• Power companies generally limit what you can connect to the grid
• If you buy today, you may miss the new technology of tomorrow

but enough doom and gloom, what are the advantages?

• Go Green
• Reduce your electricity costs
• Lock in your current rate for future power
• Get paid to install solar

These are just a couple advantages.