Xcel’s program will provide incentives for 9 megawatts a year of small and medium-size solar gardens, and the opportunity for large solar gardens (up to 2 megawatts) to competitively bid for Xcel’s business.
Small installationsup to 50 kilowatts (kw): The first 3 megawatts worth of projects will get 14 cents for each kilowatt-hour generated. If that goal is reached, the next 1.5 megawatts will get 13 cents a kilowatt-hour. Projects will be awarded on a first-come, first-served basis, provided they have financing in place.
Medium installations of 50 kw to 500 kw: 3 megawatts worth of projects will receive 11 cents a kw-hour, and the next 1.5 megawatts will get 10 cents a kw-hour.
Large installations 500 kw to 2 megawatts: Developers will have to submit bids to Xcel on a competitive basis.
To learn more about solar gardens, see the Solar Garden Institute site:
