PV: Funding is exhausted through 2015
Geothermal (Residential): $1,000/ton
Solar Water Heating: 50% of cost up to $1,000 for 1st panel, $500 for 2nd panel, $250 for 3rd panel
The Earth Advantage Rebate Program was designed to offer rebates to residential and business customers of Redding Electric Utility (REU) for solar PV, solar thermal, and geothermal heat pump systems. As required by state law, PV incentives were scheduled to decline annually.
On December 9, 2010, Redding Electric announced that they have already committed the projected budget for their PV rebates through 2015. At this time the PV rebate program is suspended. Redding Electric will reopen the program if any projects in the queue drop out of the queue.
Rebates are still available for geothermal heat pump. Vertical loop systems can receive rebates of $1,000/ton up to $5,000 for residential customers (commercial customers should contact REU for their project limit). Incentives are subject to available funding, require approval before installation begins, and must offset the customer's electrical load. REU reserves the right to inspect all systems before issuing the rebate.
PV: Panels and inverters must be on the California Energy Commission's approved list; minimum 10 year system warranty.