Colorado, United States [RenewableEnergyWorld.com] Delta-Montrose Electric Association (DMEA) residential members interested in solar photovoltaic (PV) systems will have a new financial incentive available June 1, 2008. A US $25,000 matching grant to DMEA from the Governor’s Energy Office (GEO) will enable DMEA to offer a limited number of its members a US $2/watt rebate on new PV systems installed beginning June 1.
Under the program, only residential, grid-tied, net-metered PV systems on DMEA’s lines are eligible to receive rebates. To qualify for the rebate, PV systems must be installed by a certified member of the Colorado Solar Energy Industry Association (COSEIA) or the North American Board of Energy Practitioners (NABCEP).
Rebates for solar electric systems will be capped at US $3,000 per system to spread available resources to more members. Rebates will not be retroactive and will only apply to systems installed between June 1 and December 31, 2008. All rebates will be subject to site verification and funding availability.
“We’re pleased that the Governor’s Energy Office has selected DMEA for this program,” said Steve Metheny, DMEA’s assistant general manager. “Some of our members have been asking our board of directors for such a program and the recent grant from the state has greatly improved the economics of our financing solar rebates.”
Program applications will be available ONLY on DMEA’s website beginning June 1.