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Silicon Valley Power - Solar Electric Buy Down Program

Eligibility 
Commercial
Residential
Savings Category 
Photovoltaics
Maximum Rebate 

Residential: $20,000

Program Info
State 
California
Program Type 
Utility Rebate Program
Rebate 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

Provider 
Silicon Valley Power

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.

Other Information 

Must use CEC-certified [http://www.gosolarcalifornia.org/equipment/pv_modules.php PV modules] and [http://www.gosolarcalifornia.org/equipment/inverters.php inverters]
Minimum 10-year warranty.