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Renewable Energy Credit Purchase Program
Solar systems are best suited in areas that receive a relatively high amount of annual sunshine like Arizona. The productivity of photovoltaic systems depends upon installation methods and location. In particular, solar systems are impacted by shading, photovoltaic panel horizontal tilt angle and azimuth. These factors impact how solar capacity is reported by UES which determines the amount of incentives received by customers.
The decision to install a photovoltaic system on your property should be made after you consider a variety of factors. Local building codes, availability of sunlight, maintenance requirements and the cost of other alternative energy options should all enter into your decision to install solar generation.
In most populated areas of Arizona, a solar generator is more cost effective than other forms of renewable generation. This is especially true if your business has a south facing roof slope that is free of shade for the majority of the day.
UES offers 20-year up-front incentives (UFIs) for PV systems (see Table 1).
|UFI1 — 20-Year REC Agreement|
|Small commercial grid-tied||$.10 per Watt DC|
Note: To qualify for the UFI your PV system must have at least a 20-year manufacturer's warranty.
Projects receiving a UFI can receive no more than 50% of the system cost in the total incentive payout. Also, UES incentives in combination with all federal and state credits can be no more than 85% of total project costs. A customer must cover at least 15% of total project costs.
Customers may qualify for federal and state tax credits to further reduce the cost of the system. Talk with a tax professional about current tax credits available to you for a renewable energy system. You can also view federal and state tax credits at dsireusa.org.
Find installer resources such as forms, applications, agreements and more.
Check out these resources for information regarding system installation and performance forecasting:
Find the latest requirements and process information. Download and view the New Installer packet.