Xcel Energy’s Renewable Battery Connect Program: A Guide to Battery Rebates
Introduction
As Colorado homeowners seek greater energy independence and protection from power outages, battery storage systems have become an increasingly popular solution. To encourage more residents to install home battery backup with solar, Xcel Energy’s Renewable Battery Connect program offers valuable rebates to offset costs. However, funding for this program is limited and expected to run out quickly—just as it did in 2024. If you’re considering a battery system, now is the time to act!
How the Xcel Renewable Battery Connect Program Works
The Renewable Battery Connect program is designed to help integrate battery storage with the grid, making Colorado’s energy system more resilient. When homeowners enroll, they agree to let Xcel Energy access up to 60% of their stored energy, up to 60 times per year, during peak demand periods, helping stabilize the grid. In return, participants receive upfront rebates and ongoing incentives for allowing their battery to support grid reliability.
Available Rebates & Incentives
Homeowners who participate in the program are eligible for significant savings:
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$350 per kilowatt (kW) AC of Max Continuous Discharge Power, with a maximum rebate of $5,000 per application.
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Income-qualified customers can receive a higher rebate of $800 per kW, covering up to 75% of the battery system equipment cost.
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Participants also receive an annual payment of $100 for up to five years, totaling an additional $500 in rewards.
- Eligible solar battery equipment includes all Tesla Powerwall's models or an Enphase battery inverter combined. Please review the 2025 Eligible Equipment List, Information Sheet and 2025 Renewable Battery Connect Q&A to learn more.
Why Act Fast?
Funding for the Renewable Battery Connect program is limited, and based on previous years, it is expected to run out quickly. In 2024, funds were depleted faster than anticipated, leaving many homeowners unable to take advantage of the rebates. If you’re considering adding a battery storage system, applying early in 2025 is the best way to ensure you receive the maximum rebate available.
How to Apply
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Get a Quote: Contact a qualified installer like Solar Wave for a free online estimate. Click here to start with Solar Wave
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Choose Your Battery: Options include the Tesla Powerwall 3 and Enphase 5P Battery.
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Submit Your Application: Your installer will help with the Xcel Energy rebate application process.
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Install & Save: Once approved, install your battery and start enjoying energy savings and backup power.
Final Thoughts
The Xcel Renewable Battery Connect program is a great opportunity for Colorado homeowners to install battery storage at a reduced cost while contributing to a more reliable energy grid. However, with limited funds and high demand, this rebate won’t last long. If you’re ready to secure your battery backup system, act fast and apply today!
