California Incentives/Policies for Renewables & Efficiency |
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Last DSIRE Review: 09/20/2012
Program Overview:
| State: |
California |
| Incentive Type: |
Utility Rebate Program |
| Eligible Renewable/Other Technologies: |
Photovoltaics |
| Applicable Sectors: |
Commercial, Residential |
| Amount: | Incentives step down over time as installed capacity goals are met. Check program web site for current incentive level.
Rebate levels as of 9/20/12:
Residential: $2.00/watt AC
Commercial (up to 100 kW): $1.10/watt AC
Commercial (>100 kW to 1 MW): $0.15/kWh for 5 years
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| Maximum Incentive: | Residential: $20,000
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| Eligible System Size: | Maximum size: 1 MW |
| Equipment Requirements: | Must use CEC-certified PV modules and inverters
Minimum 10-year warranty. |
| Installation Requirements: | System must be installed by a licensed contractor, unless installed by the SVP customer. |
| Web Site: |
https://siliconvalleypower.com/index.aspx?page=1954
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Summary:
Silicon Valley Power (SVP) offers incentives for the installation of new grid-connected solar electric (photovoltaic, or PV) systems. Incentive levels will step down over the life of the program as certain installed capacity goals are met. As of September 2012, residential SVP customers are eligible for a rebate of $2.00 per watt AC up to $20,000 (10 kilowatts). Commercial SVP customers are eligible for a rebate of $1.10 per watt AC for systems up to 100 kilowatts (kW). Commercial systems greater than 100 kW but smaller than 1 megawatt (MW) are eligible for a performance based incentive of $0.15 per kilowatt hour (kWh). Performance based incentives are paid to the customer quarterly for a period of five years. Please refer to program web site for current incentive rates.
Customers must have received an energy audit by SVP or other approved entity within the last two years to identify all other energy efficiency opportunities in addition to PV. |
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Disclaimer: The information presented on the DSIRE web site provides an unofficial overview of financial incentives and other policies. It does not constitute professional tax advice or other professional financial guidance, and it should not be used as the only source of information when making purchasing decisions, investment decisions or tax decisions, or when executing other binding agreements. Please refer to the individual contact provided below each summary to verify that a specific financial incentive or other policy applies to your project.
While the DSIRE staff strives to provide the best information possible, the DSIRE staff, the N.C. Solar Center, N.C. State University and the Interstate Renewable Energy Council, Inc. make no representations or warranties, either express or implied, concerning the accuracy, completeness, reliability or suitability of the information. The DSIRE staff, the N.C. Solar Center, N.C. State University and the Interstate Renewable Energy Council, Inc. disclaim all liability of any kind arising out of your use or misuse of the information contained or referenced on DSIRE Web pages.
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