Long Term Commitment

     This is no 'maybe' situation, when it comes to getting financial assistance from the power company.  Take a look at the short version that comes from Arizona Public Service.  Then think about what the best avenue is for you to take.  There are options.

RESIDENTIAL UP-FRONT INCENTIVES (UFI):

      Grid-Tied Photovoltaics (PV)

Residential UFIs are available for PV systems up to 25kW and are not to exceed 50 percent of the total system cost.       

The maximum UFI for residential systems is $50,000. 
Incentive levels are subject to changed based on established triggers.                     

2012 Program Budget

Per Decision No. 72737, a total of $18.8 million is available in UFIs.

2012 Up-Front Incentives

UP-FRONT INCENTIVE REQUIREMENTS

     * System owner(s) sign a 20-year renewable energy credit purchase and interconnection agreement.

     * In exchange for expected performance over 20 years, APS issues a single incentive payment upon successful interconnection and receipt of all other required program documents. 

 

TO QUALIFY FOR A RESERVATION

    * Customers must show proof of a signed contract or installation agreement before a reservation can be approved.

    * Contract must be provided within 14 calendar days of the reservation request.

TO QUALIFY FOR AN INCENTIVE

    * Equipment must be purchased and installed within 180 days of APS’s approval of the reservation application.

    * Incentives can be issued only after all program documentation has been submitted correctly.