Los Angeles Pushes Solar PV Rebates To $6 A Watt

For the next two months, residential customers of the Los Angeles Department of Water & Power will receive notices to explain the Solar Incentive or Rebate Program, which offers the highest per watt financial incentive in California.

LOS ANGELES, California, US, 2002-02-01 [SolarAccess.com] “By lowering the price of solar electric power systems, we’re hoping to encourage even more customers to consider going solar,” says LADWP general manager David Wiggs. “It’s important to remember that any power produced by these solar systems reduces the load on LADWP’s power system, which benefits all Californians by reducing the need to build power plants.” The Solar Incentive Program lowers the purchase price of PV systems by half by offering a cash incentive based on the wattage of the solar system. The base incentive was increased from US$3 to $4.50 per watt last year to match the amount offered by the State of California to customers of investor-owned utilities. As a municipally-owned utility, LADWP’s program is separate from the state’s. In addition to the base incentive, LADWP offers Los Angeles Manufacturing Credits (LAMC) towards solar PV equipment built by companies with manufacturing facilities inside the city. The LAMC is an additional $1.50 per watt, raising the total available to $6 per watt, with a residential maximum of $50,000 and 100 percent of a building’s annual electricity needs. The solar incentives expire at the end of this year and LADWP is encouraging interested customers to hire a contractor to recommend a PV system. Customers can then reserve rebate money for up to 12 months, by which time the PV system must be installed. Total incentives will drop to $5 per watt next year. LADWP’s goal is to install 100 MW or 100,000 solar systems in Los Angeles by 2010. It is putting 1.5 MW a year on municipal buildings as well as participating in the local solar power marketplace through incentives, promotions and education.
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