Size so credits run out by December
Credits you bank in summer offset winter usage, but anything left at December billing is bought back at the Self-Generation Buyback Credit rate, not your retail price. A system sized to about 100% of your last 12 months, adjusted for planned loads, avoids selling surplus at a discount.
Paying for it
With no local rebate, your options are the same ones we price everywhere: cash, the Colorado RENU loan, Concert Finance, or a lease or PPA. A lease or PPA can still carry federal credit value through the system owner — if placed in service by December 31, 2027 — which is often the cheapest route for smaller bills.
Utility type
Municipal utility
Wholesale: Platte River Power Authority
How exports are credited
Exports banked 1:1 as kWh credits
System size limit
Confirmed per project
Net metering, in plain English
Net consumption is calculated monthly. Excess generation carries forward month to month and is credited against later consumption; any negative balance remaining at December billing is paid at the Self-Generation Buyback Credit (December billing only) rate.
Sources & dated facts
- Monthly netting; excess carries forward; negative balance at December billing paid at the Self-Generation Buyback Credit for December Billing Only rate.As of Sep 23, 2026 · source
FAQ
Questions we hear
Does Loveland pay retail for extra solar?
Month to month, surplus offsets future usage kWh for kWh. What’s left at December billing is paid at the Self-Generation Buyback Credit rate, which Loveland sets.
Is there a Loveland solar rebate?
Not currently, per Loveland Water and Power. A panel-upgrade rebate may apply if you need a 200-amp upgrade — confirm with the utility.
When does Loveland pay out solar credits?
Once a year, at December billing, for any negative net balance remaining.