Note: This program is temporarily closed to new applications, pending the receipt of additional program funding. Persons can be notified of the program reopening by signing up for an email notice on the program website: www.SDFsolar.com. The Sustainable Development Fund (SDF) offers grants for PV systems that are purchased by PECO Energy distribution company customers. Systems between 1 kW and 5 kW are eligible, and preference will be given to systems that will be interconnected to the electric grid. Each system must meet the programâ€™s hardware and installation standards and be installed by participating contractors. All systems must be inspected and certified by the program administrator to ensure they comply with program requirements. In addition, the system owner must agree to allow the system to be used for research purposes and promotion of the program. The PV grant is paid in several installments based in part on system performance. Current grant amounts were extended until further notice and include the following three-pronged subsidy:
|Incentive Type:||Rebate Program|
|Administrator:||Sustainable Development Fund|
|Start Date:||December 2001|
|Eligible Renewable/Other Technologies:||
|Incentive Amount:||$4/watt up to $20,000; then $1/kWh produced in first year of production up to $5,000|
|Maximum Incentive:||$25,000 or 80% of the total installed cost of the PV system|
|Eligible System Size:||1 kW to 5 kW|
|Organization:||Sustainable Development Fund|
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This information is sourced from DSIRE; the most comprehensive source of information on incentives and policies that support renewables and energy efficiency in the United States. Established in 1995, DSIRE is operated by the N.C. Clean Energy Technology Center at N.C. State University.
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