Solar photovoltaic (PV) systems, or solar electric systems are reliable and environmentally friendly. They also are becoming more affordable every day because of CPS Energy rebates and federal tax credits.
Photovoltaic (PV) systems convert sunlight directly to electricity. They work any time the sun is shining, but more electricity is produced when the sunlight is more intense and strikes the PV modules directly.
Solar PV systems work best in energy-efficient homes and buildings. The Department of Energy recommends adding energy-efficient lighting, insulation, appliances and windows to reduce your home or facility’s electric use before you install a PV system. And taking advantage of a CPS Energy rebate and federal tax credits can further enhance the economics of solar power.
The CPS Energy Solar Initiative Rebate Program is offering tiered incentives ranging from $1.65 to $3.00 per AC watt based on the calculated expected performance of the system. Solar projects are rebated up to $200,000 of the total project cost on residential and commercial installations (see Solar PV Rebates – Rebate Funding). The new program is effective February 15, 2011.