Rebate Overview
Overview
Silicon Valley Power offers a rebate for homeowners who install battery storage systems integrated with solar panels. This program provides $0.15 per Watt-hour, up to a maximum of $2,700. Income-qualified customers can receive an additional $2,000 if enrolled in the Financial Rate Assistance Program or meet LIHEAP income requirements. Batteries must have a capacity of at least 3 kilowatt-hours and be purchased and installed after July 1, 2024, to qualify.
Benefits
Installing a battery storage system enhances your home's energy resilience, ensuring you have power during outages. It also allows you to store excess solar energy for later use, reducing your electricity bills. Additionally, this upgrade supports a cleaner environment by decreasing reliance on fossil fuels.
More Information
- Rebates are available for batteries purchased and installed on or after July 1, 2024.
- Income-qualified customers may receive an additional $2,000 in bonus incentives if enrolled in the Financial Rate Assistance Program or meet LIHEAP income requirements.
- Batteries must have a capacity of at least 3 kilowatt-hours to qualify.
- Federal tax credits up to 30% of the cost of the batteries may also be available. Consult your tax advisor for more information and any limitations that may apply.
Details
- Incentive type: Rebate
- Maximum Amount: $ 2,700
- Provider: Silicon Valley Power
- Link: More details
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