With the new 20% DC rebate, the accessible 30% Federal tax credit, and also the solar renewable energy credits (srecs) that it is possible to market — the 3 subsidies will pay for a big chunk of the body. Your electricity savings from reduced hot water or space heating will quickly let you rapidly recoup your investment.
Because of the prior DC rebate structure, many residents opted to go for solar photovoltaic panels first (or rather of solar thermal). For those that have accessible room left on your roof, now’s the chance to go out solar thermal. What I’ve been told from the Department of the Environment is that approximately $150,000 of the $2 million available for solar energy refunds in 2012 will be carved out for solar renewable. This could finance about 75 residential jobs (less if funding goes to larger commercial projects). Hopefully, this can be the beginning of more rebates to enter future decades.
Based on DDOE officials, even when you have recently installed a solar thermal system, then you may nonetheless be eligible for a rebate – so do put your name on the waiting list. DC Solar United Neighborhoods (DC SUN) and the Capitol Hill Energy Coop are operating on some solar thermal pilot projects now, and more information will be available around these installations shortly. To find out more, below is the info sent by DDOE, together with a hyperlink to the program site at which you could put your name to the waiting list. Before moving forward, you may want to look within the newest solar thermal program manual . Furthermore, be certain to examine the listing of documented, licensed installers (obtaining numerous bids is always a fantastic idea). In case you have questions, experiences to share on solar thermal installations, comments, or ideas on the way DC SUN can leverage mass purchases for solar , please do join our discussion forum.
DDOE email communication regarding atomic thermal rebates
The District of Columbia’s Renewable Energy Incentive Program Solar Thermal Incentive For 2012
Powerful, Wednesday, April 11, 2012, and also in accordance with the Clean and Affordable Energy Act of 2008, the District Department of the Environment Renewable Energy Incentive Program (REIP) will provide financial incentives to eligible applicants at the District to help set up Solar Thermal systems.
Eligible projects can include, but aren’t restricted to, the installation of systems on single and multi-family dwellings as well as commercial buildings and institutional organizations.
Renewable energy sources such as solar, wind, geothermal and/or biomass can help to reduce dependence on a shrinking source of fossil fuels and greenhouse gases that contribute to climate change.
We encourage you to apply to the application. Please see http://ddoe.dc.gov/service/renewable-energy-incentive-program-reip-residents for more information.