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Get Solar Bank Election Form - Xcel Energy
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How to fill out the Solar Bank Election Form - Xcel Energy online
The Solar Bank Election Form allows you, as a Solar*Rewards photovoltaic system owner, to make important decisions regarding the generation of excess energy from your solar system. This guide will provide clear, step-by-step instructions on how to complete the form online, ensuring a smooth submission process.
Follow the steps to successfully complete the Solar Bank Election Form.
- Click ‘Get Form’ button to obtain the form and open it for editing.
- Begin by filling out your name in the designated field. Ensure your name matches your Xcel Energy account information.
- Next, enter your address, including street address, city, state, and ZIP code. This information is essential for Xcel Energy to verify your account.
- Provide your Xcel Energy Account Number in the corresponding section. This number is crucial for linking this form to your energy account.
- If you know your Solar*Rewards Application ID, fill it in the relevant field. If not, this section can be left blank.
- Choose your Solar Bank PV Election by checking one of the two options: Option A for Continuous Rollover Credits or Option B to waive your decision.
- Sign the form in the designated signature field. This signature is a confirmation of your election choice.
- Fill in the date on which you are signing the form. This should be the current date of form completion.
- Once all required fields are completed, review the form for accuracy. Ensure all information provided is correct.
- After confirming the information, you can save changes, download, print, or share the form as needed.
Complete and submit your Solar Bank Election Form online to ensure your preferences are recorded with Xcel Energy.
So as long as you your solar panels prior to December 31, 2022, you'll enjoy a 26% tax credit when you file your federal taxes. So, for example, if you pay $20,000 for your solar system, you'll owe $5,200 less when you file your 2022 taxes.
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