Program | La Plata Electric Association - Renewable Generation Rebate Program |
---|---|
Category | Financial Incentive |
Implementing sector | Utility |
Last Update | |
State | Colorado |
Administrator | La Plata Electric Association |
Website | https://www.lpea.coop/rec-payment-tax-incentives |
Technologies | Solar Photovoltaics |
Sectors | Residential |
La Plata Electric Association (LPEA) offers an incentive, not to exceed the cost of the system, to residential and small commercial customers who install a photovoltaic (PV), wind, or hydropower facility. To be eligible for the rebate, the system must be grid-tied and located in LPEA's service territory. Systems 10 kilowatts (kW) or less are eligible for an upfront incentive based on the nameplate capacity and other factors. Systems greater than 10 kW are eligible for a performance-based incentive.
Payments are made every 6 months for the first 10 years of operation.
Customers interested in installing wind or hydro systems should contact the utility to find out the rebate amount.
For the purposes of calculating the upfront incentive, the wattage of the system is determined as follows: