Out of Funds Notification

The BVSI program has exhausted the incentive funding on April 5, 2016. The program is now closed.

Incentives

The Bear Valley Solar Initiative (BVSI) program provides cash rebates for the installation of grid-interconnected eligible solar electric (PV) systems. The goal is to install 800 kilowatts (kWs) of solar electric in residences throughout the Bear Valley Electric Service (BVES) territory. In addition to solar electric, the program leverages energy efficiency measures to assist in reducing the kWh consumption of homes. Incentives will be available January 1, 2015, through December 31, 2022, or until the BVSI incentive budget has been fully utilized.

BVSI rebates are available to qualified residential customers in the BVES territory. For all projects, the expected performance of the system, design and installation of the system will determine the incentive amount.


BVSI  Incentive Tracker

Customer Class

Current Step

Initial kw in Current Step

Utilized kW

kW Remaining in Current Step

kW Under Review

Residential

4

250

250

0

0

      Last Updated: March 29, 2016

 

Total BVSI Budget

Steps

Incentive Rate ($/watt)

Capacity (kW)

Incentive Budget

Total Budget

1

$1.60

155

$248,000

$353,000

2

$1.30

180

$234,000

$304,000

3

$1.09

215

$234,350

$314,350

4

$0.94

250

$235,000

$315,000

 

TOTALS

800

$951,350

$1,286,350