Solar Electric Buy Down Program
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. Contact: Energy Conservation Hotline, Silicon Valley Power, 1500 Warburton Avenue, Santa Clara, CA 95050; 408-244-7283; Fax: 408-244-2990;http://www.siliconvalleypower.com/res/?sub=rebatessolar
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