How much is the incentive?
The renewable fuels incentive is $.065 per gallon of renewable fuels sold if the threshold is met. If the threshold is not met but the disparity is within 2% then the incentive amount is $.045 per gallon. A retail dealer is not eligible for an incentive if the retail dealer’s renewable fuels threshold percentage disparity equals more than 2%. The threshold for renewable fuels starts at 10% in 2009. The threshold increases by 1% each year until it reaches 25% on January 1, 2024.
For residential systems, the maximum incentive is $1500 per dwelling and varies according to the system installed and other installation details. For larger systems, the incentive is a function of collector area: • $15/sq ft for open-loop systems • $20/sq ft for closed-loop systems • Pool and spa heating systems are not eligible • Maximum incentive is $75,000. Solar Water Heating in the news! Check out the story on the Pilot Program in the October 18, 2007 Business Section of the Union Tribune. – Union Tribune: Going Solar Has Rewards The SWHPP has recently partnered with the GreenPlumbers, a training and accreditation program focusing on water conservation and climate care issues. The SWHPP and GreenPlumbers will be coordinating trainings for eligible plumbers and contractors. Check out the press release on the partnership here. The San Miguel Fire District (SMFD) received a donation of a new solar water heating system, saving thousands of taxpayer dollars and blazing a green trail fo
