This program is fully subscribed through fiscal year 2014/2015. New applicants will be placed on a wait list in the order they were received.
Azusa Light & Water provides rebates to customers who install photovoltaic (PV) systems through the utility's Solar Partnership Program. The rebate amount for 2013 is $0.51 per rated watt. As a condition of receiving the rebate, customers must transfer ownership of all renewable energy credits (REC) associated with the system. If the customer elects to retain ownership of the RECs, the customer will receive not receive a rebate. Customers may lease the system from a third party and still qualify for a rebate if the following conditions are met:
The term of the lease is at least 20 years.
The system is operated at the expected generation capacity for the full 20-year term.
The customer has an opportunity to own the system after the 20-year term.
The lease payments may not be based on energy production from the equipment, which could be interpreted as a retail sale of electricity.
The incentive payment will be paid directly to the customer, not the third party.