Solar Thermal incentives are based on a flat rate percentage of installed system cost:
- Solar Thermal (water heating) system 20% of total installed cost up to $5,000
- Solar Thermal (space heating) system 20% of total installed cost up to $2,000
- Solar Thermal (combination) system 20% of total installed cost up to $5,000
Rebates for solar thermal systems are capped at a maximum of $5,000 for residential and $7,000 for nonresidential. Only one REIP rebate may be requested per unique installation address, per program year.
Photovoltaic incentives are based on the combined system rating in kilowatts of Direct Current (DC) output:
- $1.50 for each of the first 3,000 installed watts of capacity
- $1.00 for each of the next 7,000 installed watts of capacity
- $0.50 for each of the next 10,000 installed watts of capacity
Rebates for all systems are capped at a maximum of $16,500 (at 20 kilowatts capacity or greater) for each applicant site per program year.
Remember Mary and Greg, the super-smart couple who saved a bunch of money with the Riversmart program? We got back with them to talk about the solar panels on their roof and learn about another program they took advantage of – the DC renewable energy grant program. This program provides rebates to applicants to offset the cost of installing solar (or other renewable) energy systems. The program is what iniatially motivated Mary and Greg to investigate going solar. Greg told us that they “applied the DC grant funds to a one-time lease payment which is much cheaper than buying a system. The installer guarantees a minimum production level and is responsible for all maintenance/repairs.” According to the program’s web page:
So, does it pay off? Greg tell us “We’re saving about 25% on our electric bill after our solar installation!” Be warned, it is a long process – it took Mary and Greg about 18 months to complete. The photo above shows their south-facing roof with the solar panels. Unfortunately, their roof structure didn’t meet the installer’s standard so they had to reduce the system they wanted significantly. But in the end, they told us they are glad they did it. Great job Mary and Greg!