Ppl Solar Panel Rebate
If ppl is your electricity supplier you generally will receive a check in the mail from us each may for excess energy you return to the grid.
Ppl solar panel rebate. Unfortunately with funding exhausted for the statewide solar power rebate program other gaps in policy have drawn pennsylvania back to the middle of the solar friendly pack. After the work is completed the customer can apply online or mail in the rebate form. The value of solar incentives in pennsylvania is even greater when taking into account the recent extension of the federal investment tax credit itc for solar. These incentive payments will average 1 000 per home.
On august 14 2019 mayor kenney of philadelphia signed a law which created a solar rebate. Ppl customers can still take advantage of the 26 federal solar tax credit to install solar panels until it reduces at the end of 2020. Change from one supplier to another. The program has a spending cap of 500 000 per fiscal year.
The rebate is paid by the city for commercial or residential solar installations completed after july 1 2019. The applications for the rebates for appliances and equipment must be submitted within 90 days of installation. The role of the contractor. Governmental and nonprofit customers can receive up to a maximum of 500 000 per customer or parent company.
Ppl utility maintains a database of all participating contractors that the customers can reach out to for installations. This payment is based on the price to compare at the time of the payout. Philly plays host to 10 of the state s population so the rebates have a chance to make a real impact in the lives of people who want to go solar in 2020. Ppl still offers a price close to retail power prices giving good value for excess solar power customers export to the grid what is net metering and what is a feed in tariff.
In addition to the state specific incentives and programs mentioned above you can reduce the cost of your solar panels system by 30 percent thanks to this great government program. A contractor will help weigh the equipment and installation costs and the expected payback period on your system. The complete list of payout events are. We recommend you hire a professional solar installation contractor who can help you in several ways.
The payback period is the number of years it will take before the savings generated by your system offset the initial investment. In addition residential customers can apply for a ground source heat pump rebate of 217 per ton up to a maximum of 1 200. A residential customer can apply for a solar panel rebate of 2 per watt up to a maximum of 5 000.