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How is the TEP incentive payment calculated and when can I expect payment?

April 26, 2017calculated expect payment TEP

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How is the TEP incentive payment calculated and when can I expect payment?

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Customers will receive an Up-Front Incentive (UFI) providing their system carries a ten-year warranty on the collector, heat exchanger and storage units. TEP’s total payback cannot be more than 60 percent of total system cost. The customer must pay at least 15 percent of the total system cost.