The Holy Cross Energy Power+ program is currently live! You can apply here. The Power+FLEX program will launch in Q3 2024.
If you enroll in the Power+ program, HCE will pay the contractor up front for the entire system cost. The system cost will then be repaid on-bill minus an incentive of up to $12,500. The cost of the battery will be broken out monthly over a 10 year term and added to your utility bill each month. HCE will own the battery until repayment is completed after 10 years. Additionally, you will receive an additional monthly credit of $10.30 per kW of battery capacity toward your monthly utility bill.
If you enroll a battery for five years, HCE will give you a rebate of $500 per kW of storage capacity, plus an additional monthly credit of $10.30 per kW of battery capacity toward your utility bill. In the Power+FLEX program, you purchase the battery and pay for installation with any contractor, then submit the application for your rebate. Once you enroll your battery, HCE may initiate charging and discharging of your battery during times of peak demand (typically between 4pm - 9pm). Plus, you get the benefit of knowing your device is helping to cut carbon emissions and costs for all HCE members!
As of 2023, battery storage technology is considered a qualified expense under the Residential Clean Energy Credit. HCE members are only eligible for this credit if they participate in the Power+FLEX program. If eligible, it is Emporia's opinion that the calculation for the 30% federal tax credit combined with HCE rebate is as follows:
(Total Project Cost - HCE Rebate) * 30% = Eligible Tax Credit
Emporia or its employees are not tax professionals. Please contact your tax professional or the IRS for professional assistance regarding the ITC.
12 year warranty with optional 3 year extension for an additional fee
Yes, our licensed installers guarantee their work. Ask an Emporia Expert for details.
Most battery projects are completed in 3 months from the day the deposit is paid to the final Walkthrough Call. Local housing jurisdictions, permit offices, utility companies and weather can impact the timeline. Our Electrification Experts will keep you updated on the progress of your project each step of the way.
Yes, if you agree to our Self-Install Terms and complete our Installation Training, you can purchase the hardware from us directly and install it yourself. You assume all liability and responsibility if you decide to go this route. Book an appointment with our team and we can walk you through it.
To receive the upfront rebate and continue to benefit from the program over time, you must have a working and reliable internet (Wifi) connection at the location of the battery system. HCE will pull energy from your battery during "Peak Events" which can occur up to 10 times per month at various times.
Contact
energyprojects@emporiaenergy.com
Location
7901 Shaffer Pkwy
Littleton, CO 80127
Phone number
844-367-6742
© 2024 All Rights Reserved