The
Pasadena Solar Initiative (PSI) is PWP’s commitment to
a sustainable energy future through the promotion of renewable
solar power.
Through rebates, additional incentives and education, the
Pasadena Solar Initiative aims to help its customers install 14
MW of solar power by 2017.
The Initiative will advance the City
of Pasadena's renewables goals outlined in its
Green City Action
Plan, as well as the state goal of installing 3000 MW of
solar by 2016.
PWP will reduce
the Residential incentive rates on
June 1, 2012. The new rate will be $1.40 per watt (EPBB)
and $0.212 per kilowatt-hour (PBI).
Residential applications
received by May 31, 2012 will be eligible for the current incentive
rate published in the table below, provided that the
application is 100% complete and correct.
*
For the EPBB incentive, PV system wattage is based on system
performance, i.e., CEC-AC Watts
(not capacity), which is influenced by factors such as shading,
orientation, system size, location and angle, .
The Federal Government offers a tax credit
of up to 30% of system cost, now through 2016, for residential and
business solar installations. Go to www.irs.gov to get full details, or find helpful summaries on
the Energy Star website (residential) or at the
DSIRE website (commercial).
*These sites are maintained by the
California Energy Commission and
may not include the most current information on the PSI
Program or PWP's electric rates.
Comments
& Questions
If you have any
comments, suggestions, or questions regarding the Pasadena Solar
Initiative, please call the Answerline at 626-744-6970 or write to
solar@cityofpasadena.net
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