Up-front incentive: 35% of project costs
Performance based incentive: 40%
PV systems up to 10 kW and/or that cost less than $75,000: customer may choose a capacity-based upfront rebate or a production-based incentive.
PV systems over 10 kW or that cost more than $75,000, and all wind systems: customer may only take the production-based incentive
Upfront rebate (PV): $0.50/W DC
Upfront rebate (solar water heating): $0.65 per first year expected kWh savings
Production-based incentive: $0.080 per kWh to $0.084 per kWh, depending on the length of the agreement, and whether the system is grid-connected
The SunWatts Program offers home and business owners two different incentive options. Customers installing a photovoltaic (PV) system up to 10 kW and/or a system that costs less than $75,000 have the option of choosing an upfront capacity-based incentive of $0.50 per watt, or a production-based incentive (PBI). Customers installing PV systems larger than 10 kW that cost more than $75,000, or any wind system are only eligible to receive the PBI. Systems must be grid-connected to be eligible for the upfront rebate. Customers receiving the upfront rebate or the PBI may also participate in net metering.
Customers who choose the PBI will receive credits on their monthly bill based on the actual electricity produced by their system. The rate paid by the PBI varies by the length of the agreement.
Solar water heating systems can also receive a rebate from SSVEC worth $0.65 per estimated first year kWh savings.
SSVEC's rebate program can be combined with their [http://www.dsireusa.org/library/includes/incentive2.cfm?Incentive_Code=A... loan program].
PV equipment must meet IEEE 929 standards, UL 1741 standards, and the NEC code; Minimum 2-year warranty
Solar water heaters must be OG-300 certified