UTILITY REBATES
When you connect to a grid-tied solar installation, you can receive money from the Federal Government via a Tax Credit, a tax write-off', as well as rebates from your utility or state. Our Run The Numbers cashflow analysis shows you how a solar electricity system could cost you nothing! In fact, properly sized against the right utility tier(s), we will show you how solar can put extra money in your pocket, even thousands of dollars year one! But the rebates are dropping, per the references below. So call us now for your free analysis.
Southern California Edison
Residential
See how much money is left for Edison rebates!
Pacific Gas & Electric
Residential
See how much money is left for PG&E rebates!
Municipal (City Owned) Utilities
LADWP - Residential
Glendale - Residential
Burbank - Residential
Riverside - Residential
Pasadena - Residential
Anaheim - Residential
Can I make money with solar? Can I get paid for producing solar energy?
CALIFORNIA LAW
AB920 essentially obligates utilities to pay for excess power produced annually by their metered customers who have active and valid solar interconnection agreements. Until recently, meters with solar power generation attached were not credited, let alone paid, for any power that represented a net contribution to the grid at the end of the contract year.
AB920 changes that.
CAN YOU GET PAID?
The great majority of PHAT Energy customers are not excess net producers (solar producers that makes more power annually than they consume), specifically because we model your system size to make you cash-flow positive by off-setting only your most expensive and volatile utility power.
HOW MUCH MONEY COULD YOU MAKE?
Should you happen to be a net-producer, then a very important detail remains to be ironed out by the California Energy Commission: how much will you be paid per kW/h ? While this differs from utility to utility, it could range from $0 to 6 cents per kilowatt hour produced in excess of your consumption. No matter what, it will not be much, and does not make economical sense for most people. We advise our customers to produce "up to slightly less than what they will definitely use."
SHOULD YOU EXPAND YOUR EXISTING SYSTEM SIZE?
AB920 imposes what is called a "feed-in tariff". Similar programs in other countries are structured to prevent small producers from making money out of small amounts of excess production, by having service charges and other administrative costs. If this program forgoes those fees, then the next question will be: at which tier rate will the customer be paid…At the lowest or highest? That will make all the difference in the world in our modeling for you the financial wisdom of sizing up. Finally, other factors will come into play, such as: will that production capacity be rebated?
