Energy subsidies to phase out

Renewable energy companies in Colorado are preparing themselves for the gradual phase-out of federal renewable energy tax credits beginning at the end of 2019.

Currently, home owners receive a 30 percent tax credit if they install fuel cells, small wind turbines, geothermal heat pumps or solar energy systems in their homes, but those credits expire in 2021, after a gradual step down of incentives. On Dec. 31, 2019, the credit drops to 26 percent, and on Dec. 31, 2020, it drops to 22 percent for systems installed before Jan. 1, 2022.

“The good news is…