Grid-tied residential:
$3/watt DC; Grid-tied commercial: $2.50/watt DC or
production-based incentive; Off-grid (<5 kW): $2/watt DC;
Solar water heating: $0.50/kWh of estimated annual savings
Maximum Incentive:
$500,000; system
expansions are eligible for up to 50% of project costs
Eligible System Size:
No size restrictions for
grid-connected systems specified; Less than 5 kW for
off-grid systems
Through the Environmental Portfolio
Standard (EPS) Credit Purchase Program, Arizona Public
Service (APS) offers customers who install photovoltaic
and solar hot water systems the opportunity to sell the
credits associated with the energy generated to APS. Solar
energy systems are eligible for the following credit
amounts:
Grid-tied residential PV: $3/watt DC; No
system size limit;
Grid-tied commercial systems: $2.50/watt DC
up to $500,000; Alternatively, commercial customers may
opt for a production-based incentive;
Off-grid residential PV: $2/watt DC; System
must be less than 5 kW;
Solar hot water systems: Credit amounts are
based upon an estimate of annual system energy savings
at $0.50/kWh.
Expansions to existing systems are eligible
for a credit of up to 50% of their costs.
APS recently allocated an additional $4,250,000 toward its
Credit Purchase Program, bringing the total funding
commitment for 2006 to $8,500,000. Of the additional
funds, $2,125,000 has been allocated to residential
installations and $2,125,000 has been allocated to
commercial installations with a set aside of $500,000 for
production based incentives.
Funds are assigned through a reservation process. All
necessary forms can be downloaded from the program
website.
APS is purchasing solar credits to help the company meet
the state's Environmental Portfolio Standard.
Participating customers receive a one-time EPS Energy
Purchase Credit or receive an incentive based on system
output or kWh savings. APS will have access to the credits
for the life of the EPS program.
Contact:
Credit Purchase Program
Customer Service Line
Arizona Public Service Company
Solar Energy Services
Mail Station 8378
P.O. Box 53999
Phoenix, AZ 85072-3999 Phone: (602) 250-2826 Fax: (602) 250-2724 E-Mail:
solar&renewableenergy@apsc.com
