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| Incentive Type: |
Utility Rebate Program |
| State: |
California |
| Eligible Renewable/Other Technologies: |
Photovoltaics
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| Applicable Sectors: |
Commercial,
Residential
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| Incentive Amount: | Residential: $4.50/watt AC
Commercial (up to 100 kW): $3.00/watt AC
Commercial (between 100 kW and 1 MW): $0.40/kWh for 5 years | | Maximum Incentive: | Residential: $45,000
| | Eligible System Size: | No size restrictions specified | | 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. |
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Web Site: |
http://www.siliconvalleypower.com/
res/?sub=rebatessolar
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Summary:
Silicon Valley Power (SVP) offers incentives for the installation of new grid-connected solar electric (photovoltaic, or PV) systems. Residential SVP customers are eligible for a rebate of $4.50 per watt AC up to $45,000 (10 kW). Commercial SVP customers are eligible for a rebate of $3.00 per watt AC for systems up to 100 kW. Commercial systems greater than 100 kW but smaller than 1 MW are eligible for a performance based incentive of $0.40 per kilowatt hour (kWh). Performance based incentives are paid to the customer quarterly for a period of five years.
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.
All incentive amounts will be reduced as SVP reaches specific installation targets. See the table on the program website above for the incentive schedule and current rebate level.
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