Renewable Energy Incentive Program Incentives
The following incentives are available for REIP applications effective with Funding Cycle 3, which starts September 1, 2010
| Solar Electric/ Photovoltaic Systems | |
| Capacities | Rebate Amount |
| RESIDENTIAL and RESIDENTIAL PPA-FINANCED APPLICATIONS | |
| 0 to 10,000 watts | $.75/ watt UP TO 7.5 kW system |
| Over 10,000 watts | NOT ELIGIBLE |
| NON-RESIDENTIAL APPLICATIONS Public (e.g., municipalities, schools, state government) and Non-Profit only |
|
| 0 to 50,000 watts | $0.75/ watt up to 30 kW system |
| Greater than 50,000 watts | NOT ELIGIBLE |
| NON-RESIDENTIAL APPLICATIONS Commercial and Non-Residential PPA-Financed |
|
| Any size system | NOT ELIGIBLE |
| RESIDENTIAL NEW CONSTRUCTION (Builders Only) (Project must be located in a Smart Growth region) |
|
| Type of Construction | Rebate Amount |
| Residential New Construction 0 to 10,000 Watts |
$0.75/watt up to a 7.5 kW system |
| Wind Systems | |
| Production | Rebate Amount |
| 1-16,000 kWh | $3.20/ kWh |
| 16,001-1,000,000 kWh | $0.50/ kWh |
| Sustainable Biomass Systems | |||
| Capacity | Rebate Amount (Biopower only) |
Rebate Amount (Biopower and CHP) |
|
| 0 - 10,000 watts | $4.00/ watt | $5.00/ watt | |
| 10,001 to 99,999 watts | $3.00/ watt | $3.75/ watt | |
| 100,000 to 499,999 watts | $1.50/ watt | $2.00/ watt | |
| 500,000 watts, up to 1,000,000 watts | $0.15/ watt | $0.65/ watt | |
| Maximum incentive as percentage of eligible system costs |
30% | 40% | |
Other Helpful Information