RSIP Incentive Step History


RSIP Incentive Step History


 

Residential Solar Investment Program Incentive History

Residential Solar Investment Program Incentive History

The table below shows the history of the program steps for the Expected Performance Based-Buydown (EPBB) and the Performance-Based Incentive (PBI).

 

Steps    Start Date    EPBB Incentive    PBI Incentive 
         <=5kW > 5kW to 10kW     <= 10kW <= 20kW 
1         March 2, 2012         $2.450/Watt $1.250/Watt         $0.300/kWh   –
2    May 18, 2012    $2.275/Watt  $0.900/Watt   $0.300/kWh  –
3    Jan. 4, 2013    $1.750/Watt  $0.550/Watt   $0.225/kWh  –
4    Jan. 6, 2014    $1.250/Watt  $0.750/Watt   $0.180/kWh  –
5    Sept. 1, 2014    $0.800/Watt  $0.400/Watt   $0.125/kWh $0.060/kWh
6    Jan. 1, 2015    $0.675/Watt  $0.400/Watt   $0.080/kWh $0.060/kWh
7    April 11, 2015    $0.540/Watt  $0.400/Watt   $0.064/kWh $0.060/kWh
8    Aug. 8, 2015    $0.540/Watt  $0.400/Watt   $0.054/kWh $0.054/kWh
9    Feb. 1, 2016    $0.513/Watt  $0.400/Watt   $0.046/kWh $0.046/kWh
10    Sept. 1, 2016    $0.487/Watt  $0.400/Watt   $0.039/kWh $0.039/kWh
11    Aug. 15, 2017    $0.487/Watt  $0.400/Watt   $0.039/kWh $0.039/kWh
12    Jan. 15, 2018    $0.463/Watt  $0.400/Watt   $0.035/kWh $0.035/kWh
13  June 1, 2018     $0.463/Watt    $0.400/Watt   $0.035/kWh   $0.035/kWh
14  Sept. 24, 2018    $0.463/Watt     $0.400/Watt   $0.035/kWh   $0.035/kWh
15  Jan. 15, 2020  $0.463/Watt   $0.400/Watt $0.035/kWh $0.035/kWh
                   

 

 

Note:

  • EPBB – Expected Performance Based Buy-down (Rebate)
  • EPBB is paid to Contractor on behalf of homeowner in two payments
  • PBI is paid quarterly (3 months) over six years upon validation of system generation