Your Xcel Energy Bill Is About to Get Bigger. Here's How to Get Ahead of It.
Xcel has filed for a 9.9% rate increase effective August 2026. Here are the programs — DSM rebates, solar + storage, demand response, tariff optimization — that large and midsized Colorado facilities should act on now.
- →Xcel's DSM rebate budget: $280M over 2024–2026 — programs paused once already due to oversubscription; act early
- →New TOU rates: on-peak (5–9 pm weekdays) priced at 2.7× off-peak — most facilities haven't reanalyzed their tariff
- →Solar + storage incentives stack: 30% federal ITC + 10% CO state credit + Renewable Battery Connect + PACE financing
- →Tax-exempt orgs (nonprofits, schools, hospitals) now eligible for IRA direct pay — changes the solar economics entirely