The following incentives are available for renewable systems that meet all HCE program requirements on a first come, first-served basis.
0-6 kW |
$500/kW |
6-12 kW |
$335/kW |
12-25 kW |
$150/kW |
The following incentives are available for energy storage systems that meet all HCE program requirements on a first come, first-served basis. These can be in addition to the incentives for renewable systems. Member must be enrolled in the Distribution Flexibility Program – Optional Tariff.
The kW of an energy storage system, for the purposes of calculating the incentive, will be defined as the lesser of the (kW max continuous) or (kWh (1-SOC*)/2), *SOC = minimum state of charge. kW and kWh is defined by the battery manufacturer.
For example, the incentive for a 15 kW solar system without energy storage can be calculated as shown:
6 kW |
x |
$500/kW |
= |
$3,000 |
6-12 kW |
x |
$335/kW |
= |
$2,010 |
12-15 kW |
x |
$150/kW |
= |
$450 |
Total available: |
$5,460 |
|
For non-taxable entities, HCE will provide an incentive equal to 40% of the installed cost of a system (on a $ per kW basis) up to $1,000/kW for the first 25 kW of renewable generation installed at a site and up to $500/kW for an energy storage system for the first 25 kW installed. Any eligible member must include documentation of their non-profit status at the time of application and directly own the generator. Any generator for which available federal tax credits are monetized is eligible for incentives under the tiered structure discussed above.
For example, a 50 kW renewable energy system owned by a non-taxable organization that cost $3,000/kW to install could expect a rebate of $25,000 (40% x $3,000/kW x 25 kW, limited to $1,000 per kW).