Holy Cross Energy - Renewable Energy Rebate Program

June 07, 2022

Summary

Holy Cross Energy's WE CARE (With Efficiency, Conservation And Renewable Energy) Program offers an incentive for customers who install renewable energy generation for net metering at their premises. Eligible renewable energy technologies include wind, hydroelectric, photovoltaic, biomass, and geothermal sources.

Incentive

The incentive offered varies by the size of the renewable energy system as follows:

$250 per kW for the first 6 kW of a system, and
$100 per kW for the next 19 kW of a system.

For example, a 15 kW system is eligible for a $2,400 (= ($250 * 6 kW) + ($100 * 9 kW)) incentive.

For non-taxable entities, Holy Cross will provide an incentive equal to 40% of the installed cost of a system (on a $ per KW basis) up to $500 per kW for the first 25 kW installed at a site.

Energy storage systems of up to 25 kW are eligible for an incentive of $250 per kW; systems that are enrolled in the Distribution Flexibility Program are eligible for an incentive of $500 per kW.

Terms

A customer must submit a Generator Interconnection Application to Holy Cross Energy prior to installation. Incentives are available on a first-come, first-served basis.

Generation must be sized to supply no more than 120% of their previous 12 months electrical consumption. For new construction, Holy Cross will estimate on-site electrical consumption and specify a maximum allowable system size.

No member may receive more than $30,000 in a 12 month period for renewable generation ownership; no member can receive more than $15,000 in a 12 month period for energy storage ownership (for renewable generation + storage the total limit is thus $45,000). No incentive payment may exceed 40% of the installed cost of any project.

A consumer’s generation facilities must be connected to Holy Cross’s electric distribution system to qualify for incentives. Visit the program website or contact a Holy Cross Energy WE CARE program representative to learn more about the rebate program.

Program Overview

Implementing Sector:	Utility
Category:	Financial Incentive
State:	Colorado
Incentive Type:	Rebate Program
Web Site:	https://www.holycross.com/renewable-energy-incentives/
Administrator:	Holy Cross Energy
Start Date:
Eligible Renewable/Other Technologies:	Geothermal Electric Solar Photovoltaics Wind (All) Biomass Hydroelectric Wind (Small) Hydroelectric (Small) Lithium-ion
Incentive Amount:	Varies by system size and customer type (see summary below)
Maximum Incentive:	$30,000 for all members for renewable generation $15,000 for all members for energy storage No more than 40% of the installed cost of any project
Eligible System Size:	Maximum production of 120% of customer's annual demand or 25 kW, whichever is less
Ownership of Renewable Energy Credits:	Holy Cross Energy

Incentives

This program has 2 incentives

Technologies:	Geothermal Electric, Solar Photovoltaics, Wind (All), Biomass, Hydroelectric, Wind (Small), Hydroelectric (Small)
Sectors:	Commercial, Residential, Federal Government, Agricultural
Parameters:	The system has a minimum of 25.00 kW, The incentive has a maximum of 100.00 $/kW, The incentive has a minimum of $30000.00, The incentive has a minimum of 40.00 % of cost

Technologies:	Lithium-ion
Sectors:	Commercial, Residential, Federal Government, Agricultural
Parameters:	The system has a minimum of 25.00 kW, The incentive is 250.00 $/kW, The incentive has a minimum of $15000.00, The incentive has a minimum of 40.00 % of cost

Contact

Name:	Renewable Energy Program
Address:
Email:	renewables@holycross.com

This information is sourced from DSIRE; the most comprehensive source of information on incentives and policies that support renewables and energy efficiency in the United States. Established in 1995, DSIRE is operated by the N.C. Clean Energy Technology Center at N.C. State University.