Apply for Your Solar Rebate Before the End of the Year!
Residential solar rebates are being reduced and time is almost up to apply and lock in current prices. Contact Green State Power before the end of the year and we can help you qualify for the existing rebate!
According to a recent announcement from Progress Energy Carolinas, the upfront rebate offered by the SunSense Residential Solar PV program, will be reduced. The SunSense program currently provides a $1 per watt rebate for systems between 2 kW and 10 kW but this rebate will be reduced to $0.50 per watt, effective early 2013.
Take a look at how quickly a solar system can pay for itself with the Progress rebate:
Example 6.0 kW Residential System:
With an annual energy savings of approximately $850, customers will receive a full return on their investment in LESS THAN FOUR YEARS!
Green State Power encourages any customer of Progress Energy to contact us NOW for a free site evaluation so you can lock in the current rebate. Systems can be installed in early 2013, but paperwork must be submitted by the end of the year to guaranty your eligibility for the full $1,000 per kW rebate. Contact Green State Power for more information on applying to the SunSense Residential Solar PV program or with any other questions you may have.
- Current Offering: The SunSense Residential Solar PV program currently provides a $1,000 per kW ($1 per Watt) rebate for newly installed solar PV and a $4.50 per kW (capacity) per month credit for five years. These systems must be between 2 and 10 kW, use net metering and be on PEC’s time-of-use rate (TOU-D). Residential SunSense has approximately 300 participants, totaling more than 1 megawatt of solar capacity.
- Proposed Changes: Pending NC Utilities Commission approval, the upfront rebate of $1/watt AC installed will be reduced to $.50/watt AC. The ongoing credit or $4.50/kW AC per month for 5 years will not change. PEC expects to file with the commission soon, with changes effective in early 2013.”