Trico Electric Cooperative: SunWatts Incentive Program
Rebates for installation of solar panel at $1.75/W and for wind systems at $3/W DC, and solar water heaters at $0.75/kWh. Payment up to 60% of unit cost.
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SunWatts renewable energy rebate funds are temporarily exhausted. Trico is accepting rebate applications. All confirmed and approved applications are being placed on a rebate reservation list. When funding for the program becomes available, rebates will be paid according to one's position on the reservation list AND a completed inspection. Applicants must complete their inspection within six months of their application date to maintain their reservation. Trico estimates the current wait time for rebate funding is approximately 12 months from the time of reserving a position on the reservation waiting list. Through the SunWatts Program, Trico Electric Cooperative offers residential and business customers a rebate for installing photovoltaic (PV) systems and wind-energy systems. The up-front rebate for PV systems and wind systems up to 10 kilowatts (kW) is $1.50 per watt-DC. These Systems may also opt for a production based incentive of $.068493 per kilowatt-hr (kWh) to be paid over 10 years instead on the up-front incentive. Systems sized 10.1 kW or greater are only eligible for a performance based incentive negotiated on a case-by-case basis. Eligible PV and wind energy systems may be either grid-tied or off-grid. Trico Electric Cooperative offers net metering to customers with a qualifying system which provides retail credit for any energy generated and used by the facility and pays wholesale rates for excess energy not used. Excess energy payments are made yearly. Trico Electric Cooperative also provides rebates equal to $0.40 per expected first year of kilowatt-hour savings for OG-300-certified solar water heating systems. More Information: Trico Electric Cooperative Website
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