Silicon Valley Power - Solar Electric Buy Down Program

September 24, 2018

Summary

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 October 2016, residential SVP customers are eligible for a rebate of $1.25 per watt AC up to $12,500 (10 kilowatts). Commercial SVP customers are eligible for a rebate of $0.65 per watt AC for systems up to 50 kilowatts (kW). Commercial systems greater than 50 kW but smaller than 1 megawatt (MW) are eligible for a performance based incentive of $0.09 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.

Program Overview

Implementing Sector: Utility
Category: Financial Incentive
State: California
Incentive Type: Rebate Program
Web Site: http://siliconvalleypower.com/index.aspx?page=1954
Administrator: Silicon Valley Power
Start Date:
Eligible Renewable/Other Technologies:
  • Solar Photovoltaics
Incentive Amount: Incentives step down over time as installed capacity goals are met. Check program web site for current incentive level.
Rebate levels as of 11/3/16:
Residential: $1.25/watt AC
Commercial (up to 50 kW): $0.65/watt AC
Commercial (greater than 50 kW, up to 1 MW): $0.09/kWh for 5 years
Maximum Incentive: Residential: $12,500
Eligible System Size: Maximum size: 1 MW
Equipment Requirements: Must use CEC-certified PV modules and inverters
Minimum 10-year warranty.
Installation Requirements: System must be installed by a licensed contractor, unless installed by the SVP customer.

Incentives

This program has 3 incentives
Technologies: Solar Photovoltaics
Sectors: Residential
Parameters: The system has a minimum of 10.00 kW, The incentive is 1.25 $/W-AC, The incentive has a minimum of $12500.00
Technologies: Solar Photovoltaics
Sectors: Commercial
Parameters: The system has a minimum of 50.00 kW, The incentive is 0.65 $/W-AC
Technologies: Solar Photovoltaics
Sectors: Commercial
Parameters: The system has a maximum of 50.10 kW, The system has a minimum of 1.00 MW, The incentive is 0.09 $/kWh (5 years)

Contact

Name: Energy Conservation Hotline
Organization: Rebate Processing Center
Address: 1500 Warburton Avenue
Santa Clara CA 95050
Phone: (408) 244-7283
Email: cutcosts@siliconvalleypower.com

This information is sourced from DSIRE; the most comprehensive source of information on incentives and policies that support renewables and energy efficiency in the United States. Established in 1995, DSIRE is operated by the N.C. Clean Energy Technology Center at N.C. State University.