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Home arrow Blog arrow 8/25/06, California PUC sets solar power rebates

8/25/06, California PUC sets solar power rebates PDF Print E-mail
Written by David R. Baker   
Wednesday, 06 September 2006
HUGE New incentives to go Solar! Friday, August 25, 2006

California PUC sets solar power rebates

California regulators on Thursday filled in some of the blanks in the state's new program to promote solar energy, settling key details that were left undecided when the effort was approved earlier this year.

The California Public Utilities Commission set the level of rebates available to businesses and homeowners who install solar panels. The rebate levels, designed to stimulate growth of the solar power industry, will decline over time as more panels are installed throughout the state.

Starting Jan. 1, homeowners and businesses will receive $2.50 for every watt of installed power. A typical home solar energy system is 2 to 3 kilowatts, for rebates of $5,000 to $7,500.

Businesses with solar systems larger than 100 kilowatts will be paid monthly, based on the amount of power produced. Homeowners and businesses with smaller systems will receive their rebates up front.

The commission first approved the program in January. It was further refined earlier this week with legislation signed into law by Gov. Arnold Schwarzenegger, who has pushed for the expanded use of renewable energy sources.

-- David R. Baker

Last Updated ( Wednesday, 06 September 2006 )
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