No maximum specified
Solar Thermal (Commercial): 0.03/kWh
PV (Commercial and Residential): 0.05/kWh
The Orlando Utilities Commission (OUC), through its Solar Program, offers to purchase the environmental attributes or renewable energy credits (RECs) from customers who install a photovoltaic (PV) and/or solar thermal energy system on their property. Incentive payments are equal to $0.05 per killowatt-hour (kWh) for commercial and residential PV systems and $0.03/kWh for commercial solar water heating (SWH) systems and appear in the form of a credit on customer monthly utility bills.*
Under this program, the electricity output of the PV system is used on-site and REC payments are based on the system's total output. Any net excess generation produced by PV systems is credited to the system owner at the utility's full retail rate.
Production agreements have an initial term of five years and automatically renew for five-year terms unless terminated by written notice by either party. For installation financing options, OUC customers may apply for a low-interest [http://www.dsireusa.org/library/includes/incentive2.cfm?Incentive_Code=F... Residential Solar Loan].
''*Solar space heating systems and solar pool heating systems are not eligible. Solar water heating systems are metered in British Thermal Units (BTUs) and then converted to kWh to determine incentive credits.''