Use this guide
Choose the questions relevant to your situation. Expand each answer, save the checklist and request written clarification where evidence is missing.
Questions homeowners ask
What does Schedule NM use for billing?
Schedule NM defines billing through net consumption at the service meter. The reviewed sheets distinguish that measurement from a production meter; keep the meter labels with your records.
Source: Xcel Energy Colorado: Schedule NM, sheets 112D–112E (effective April 16, 2024). Reviewed 2026-10-06.
How does the cash-out option value a remaining year-end balance?
The tariff describes compensation based on average hourly incremental cost, or AHIC, for the most recent calendar year. A retail-price assumption is not a verified cash-out calculation.
Source: Xcel Energy Colorado: Schedule NM, sheets 112D–112E (effective April 16, 2024). Reviewed 2026-10-06.
Does the rollover option offset every bill charge?
The tariff’s rollover provision converts excess energy using applicable period energy rates and per-kWh riders, but excludes the Service and Facilities charge from the offset.
Source: Xcel Energy Colorado: Schedule NM, sheets 112D–112E (effective April 16, 2024). Reviewed 2026-10-06.
Why retain time-of-use periods in the bank records?
Schedule NM tracks excess energy by time period and describes different cash-out and rollover treatments. Preserve the period labels rather than relying on one unlabeled annual total.
Source: Xcel Energy Colorado: Schedule NM, sheets 112D–112E (effective April 16, 2024). Reviewed 2026-10-06.
Can I reverse a continuous-rollover election?
Xcel’s February 2024 form describes Option A as permanent. It allows a later change from Option B to A, with a December 1 deadline for application to that year. Confirm the current form before signing.
Source: Xcel Energy Colorado: Solar Bank Election Form (February 2024). Reviewed 2026-10-06.
What if the form has no option selected?
The reviewed form says no selection defaults the account to Option B, Waive Decision. Check the utility’s accepted election instead of assuming a blank field means continuous rollover.
Source: Xcel Energy Colorado: Solar Bank Election Form (February 2024). Reviewed 2026-10-06.
Can a rollover bank follow me to another home?
The form says rollover credits cannot be cashed out or transferred to another account or new homeowner, and gives no credit when moving or stopping service. Verify your account’s treatment before closing it.
Source: Xcel Energy Colorado: Solar Bank Election Form (February 2024). Reviewed 2026-10-06.
Can a new owner or tenant make an election?
The form says the new individual listed on the account can elect how excess generation is treated. The prior resident’s election and bank are separate records to clarify during a handover.
Source: Xcel Energy Colorado: Solar Bank Election Form (February 2024). Reviewed 2026-10-06.
How do I compare the options for my household?
Prepare both scenarios with the same household usage, production assumptions, billing periods, remaining charges and project payments. Record the modeled end-of-year balance and what happens if you move. Ask the utility to confirm the account rules and accepted election. This checklist does not recommend which option to select.
How can Solar Survey AI help with the evidence?
A defined site survey can document accessible roof and site inputs used in a production estimate. Confirm actual homeowner scope, availability, commercial relationships and limitations before booking. A survey does not choose a utility election or guarantee credits. Homeowner provider connections and planned free remote diagnosis remain coming soon.
Your decision checklist
- Confirm Xcel Energy Colorado serves the account.
- Identify Schedule NM and the underlying rate schedule.
- Keep service-meter and production-meter readings separate.
- Obtain the accepted bank election and confirmation date.
- Retain time-of-use period labels and applicable rate records.
- Ask which charges remain after bank credits.
- Clarify moving, account closure and new-resident treatment.
- Compare scenarios before making an irreversible choice.
Save or print this guide from your browser. Keep completed records privately.
Continue your research
Keep the election and the bill together
| Record | What to retain |
|---|---|
| Account scope | Utility, premise, accepted service schedule and resident |
| Measurement | Service-meter flows and separately labeled production |
| Bank choice | Accepted election, date and written utility confirmation |
| Time periods | Period-specific balances and dated price documents |
| Bill reconciliation | Credit calculation and remaining charges |
| Change of home | Account closure questions and new-resident records |
Illustration only: a comparison shows a hypothetical 100 kWh balance in one scenario and a $20 bill credit in another. These invented figures use different units and are not Xcel rates or customer results. Ask how each balance was calculated, what it can offset and what happens at year-end before comparing the apparent value.
Example: a buyer receives a seller’s screenshot showing a bank balance. Request the accepted election, meter labels and utility explanation of account-change treatment. Do not treat a screenshot as proof of an asset transferring with the house. Keep financial and account records privately; share only necessary information with authorized participants.
This guide addresses selected Xcel Energy Colorado on-site net-metering record questions. It does not describe all Colorado utilities, community solar or multi-unit allocations. The sources reviewed October 6, 2026 are published Schedule NM sheets effective April 16, 2024 and a February 2024 election form; request the current applicable tariff and form from Xcel before acting. Historical cash-out prices in the form are not current-price quotations. Our worksheet and examples are editorial aids. Read Denver approval guidance, bill measurement guidance and solar-home transaction records. Explore Solar Survey AI’s evidence methodology and confirm available survey scope.
About these guides
Published by Solar Survey AI, a commercial survey-services company. Our original decision checklists are recommendations; linked authorities support the referenced facts. We may benefit if you purchase our services. This is not independent certification of our company, a project-specific engineering decision or personal tax/legal advice. Local rules, contracts and site evidence control individual decisions. Reviewed 2026-10-06.
For available survey or inspection services, confirm your project scope and availability with our team. Our planned free homeowner remote diagnosis remains coming soon.
Survey services · Inspection services · Monitoring early access