What is Community Solar?
Community Solar is enabled by Colorado’s Community Solar Gardens Act of 2010, and revitalized in 2024 with SB24-207, which encourages the development of solar farms as a way to meet aggressive clean energy targets over the next few years.
Community solar projects generate electricity that flows directly into Xcel’s power grid. Community solar subscribers pay for a share of the electricity generated by the project, and then receive bill savings on their Xcel bill in the form of a monthly credit. Community solar paired with storage alleviates stress on the grid and avoids costly transmission system upgrades.
The law in 2024 improves the future of community solar in Colorado by:
Requiring investor-owned utilities to continue allowing for the development of community solar projects;
Reserving at least 51 percent of community solar projects for income-qualified residential subscribers;
Delivering income-qualified residential customers a 25 percent bill credit discount, which increases to up to 50 percent with federal tax credits;
Community Solar is the EASIEST way to go solar in Colorado, reduce your carbon emissions, and save money!
Real Savings, Real Stories
See What Our Customers Are Saying
Rachael Davis
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January 2025
Mohammad Zahir
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January 2025
Petra Matthies
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December 2024
Destiny Ramsey
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Sean really helped me out by lowering my power bill! His expertise made it easy to understand my options. I appreciate his friendly approach and follow-up to ensure everything was working smoothly. Highly recommend him for anyone looking to save on their bills!
December 2024
Bob Boucher
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December 2024
Creol Storm
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Nice gentleman, very helpful , patience person , sorry it took longer with me cause password problems my bad Thank You
December 2024
Miguel Torres
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Barry was such a wonderful man!! He was very informal and explained everything very well down to the last detail!!
December 2024
Iris K. Jackson
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Totally a satisfied customer. Two gentlemen inrolled my application with in minutes. They were a great team. Give them all the credit and following through until processed. Extremely glad I have Arcadia now.
Feb. 2024
Shemar Jordan
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I had a Final Notice of $487 from ConED, then joined “Finray Solar”. Now I $100+ of ConEd CREDIT. If my bill is to go up, the highest I’m paying is $44 dollars. I’m 27 years old GET FiNRAY SOLAR they saved me. I’m am forever grateful.
March 2024
ol. kai
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I was able to save money on my electric bill
May 2024
Colby Arau
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They were very friendly, and was very helpful.
June 2024
Moon Caz
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I’m very happy with the service and the help given to me by sales rep Michael. Everything was well explained and very patient. Place was clean. Everyone so nice and welcoming.
June 2024
Briana O'Connell
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The 2 women that came to my house to sign me up were absolutely PHENOMENAL WORKERS. They were very professional, kind, caring, understand and they made the process easy for me, made sure I knew what I was signing etc. They were just all around very great workers. They’re amazing.
November 2024
How does it work?
1. Link your utility bill with a solar project
Connect your existing electric account with a nearby solar project. You just need a copy of your recent utility bill. Enroll online in under 2 minutes, completely free.
2. Start generating solar power
When the sun shines, the solar farm generates power and feeds it to your utility’s electric grid on your behalf, earning you credits.
3. Receive solar credits
Your utility bill is credited for the amount of solar power that was generated for you during this billing cycle, reducing what you owe the utility (see example below).
4. Pay for your solar credits
After your reduced utility bill arrives, you pay your solar project directly for your solar credits at the guaranteed discount of 5-25% (discount depends on state, utility, customer status and project).
Example Utility Bill with Solar Credits
Click image to expand & zoom
Frequently Asked Questions
How long does it take to start receiving solar credits?
Community solar credits will start reducing your utility bill about 2 to 3 billing cycles after enrollment, if the project is live. If a project is under construction, it may take 3-8 months for credits to start, but rest assured, your spot is reserved! Your first e-statement from the solar project will be after your credited utility bill arrives.
Can I transfer the program if I move?
You can transfer the program if you move within the approved region for the project. Simply call or email the developer to confirm. If your consumption is much higher or lower at the next property, you may ask the developer to readjust your solar credit allocation.
What if I move out of the area or wish to cancel? (ie. getting solar on the home)
There are no exit fees for residential consumers. Please provide 90 days (or as much as possible) notice to the solar project ahead of a move/cancellation so they can assign solar credits to other customers and stop allocating them towards your account.
Once you move, contact Finray Solar to see if we have a solar farm with availability in your new area.
How are credits calculated?
The solar farm will allocate credits for 90% of your historical consumption with your utility (based on past 12 months). If your usage increases (ie. you buy an EV), you may contact the solar project and ask for them to recalculate your share of credits. If you don’t use up all your credits in a given month, they will roll over to the following month.
Annually, your utility will provide a monetary credit for the kWh not applied to prior bills at the avoided cost of power.
Save money and the environment
By applying for credits from a local solar farm, you can earn bill credits for up to 20 years and SAVE THOUSANDS of dollars!
You also help fund the building of new solar farms, which allows for more homes to connect to a renewable source, and reduces America’s dependency on fossil fuels (ie. natural gas, oil, coal).
Join us on OUR MISSION to connect 500,000 Americans to clean energy by 2030, enroll today!
Enroll and Start Saving
Each solar farm has limited spots based on production capacity, and they fill up quickly!
Still have questions?
Learn more about Finray Solar — WHO we are, WHAT we do, and WHY.
Or, feel free to Contact Us to ASK A QUESTION. We look forward to speaking with you. And we are excited to help you connect your home to a discounted clean source of electricity!