Tucson real estate : Tucson Electric Power has reduced its upfront incentives, for rooftop solar systems, from $2.00 per watt to $.75 per watt. Application already accepted by TEP will be still be funded at the $2 per watt level.
The Arizona Corporation Commission had approved an upfront incentive of $2 per watt, for TEP solar customers for all of 2011. In September, TEP announced due to higher than anticipated demand, money budgeted for the program had run out. In response, the Commission decided TEP’s upfront incentive, for rooftop systems, will now be set at $.75 per watt for the rest of the year.
For 2012, TEP proposed an upfront incentive of $1.75 per watt for rooftop solar systems. The Commission however, wants to set it lower. They have reccomended keeping the incentive at $.75 into next year. The Commission has said a lower incentive is a way to test if more systems can be installed for the same amount of money.
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