SOLAR REWARDS Rebate

CWLP's SOLAR REWARDS program offers rebates of up to $7,500 per household and $15,000 per business to CWLP electric customers who install solar electric—also known as photovoltaic (PV)—systems at their residential or commercial facilities. (Customers with qualifying PV systems are also eligible for net metering.) To qualify for participation in the Solar Rewards Rebate program, you must meet all eligibility criteria, including being pre-approved prior to purchasing any equipment or starting any work.

The SOLAR REWARDS rebate program is being offered on a first-come/first-served basis until funds budgeted for the program are exhausted. The rebate is calculated at $1,500 per kilowatt (kW-DC) of system capacity up to the maximum rebate amount note above. Qualifying systems can range from a minimum of 0.5 kW to a maximum of 25 kW. Rebates will be provided in the form of a CWLP bill credit, unless a check is specifically requested. To receive payment in check form, your rebate amount must exceed $1,000 and you must provide CWLP with your social security number or FEIN number. You will have 90 days from the date of your pre-approved application to complete your PV system installation and submit your post-installation documentation to CWLP. Failing to either meet this deadline or receive a deadline extension from CWLP will result in your loss of rebate eligibility.

To apply to participate in the SOLAR REWARDS Rebate Program, use the Pre-Approval Application in the online SOLAR REWARDS Application Packet. To request a hard copy of the Packet, contact the CWLP Energy Services Office by phone at 789-2070 or by email.

Photovoltaic systems convert energy from the sun into electricity using panels that are installed to take maximum benefit of available sunlight. Some systems are even designed to allow the panels to "track" the sun throughout the day. Most PV manufacturers guarantee that their systems will still deliver at least 80% of their original rating at the end of 25 years of operation. Most systems will continue to operate with very gradual loss of output for many years thereafter.

Using solar energy can help homeowners and businesses reduce consumption of fossil fuels and lower their monthly energy bills by reducing the amount of electricity purchased from CWLP. (View photos of a sampling of PV systems that have been installed in Springfield.)

Residential applicants can combine CWLP's SOLAR REWARDS rebate with Federal tax credits or State of Illinois incentives to make solar a more affordable renewable resource option.

For more information about the SOLAR REWARDS Rebate Program or about photovoltaic systems, contact the CWLP Energy Services Office at 789-2070 or nrgxprts@cwlp.com.

 


Last updated: 03/01/13

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