The Los Angeles Department of Water & Power (LADWP) launched an ambitious new 100 megawatt feed-in-tariff program for commercial solar projects earlier this year. As expected, demand for this program in the initial application period was extremely high.
LADWP plans to offer a total of five 20 megawatt allocations – one every six months – on a first-come, first-serve basis for systems sized 30 kilowatts to 3 megawatts. The program will reopen for new applications on July 1, 2013, for a fixed price of $0.16 per kilowatt-hour ($0.13 per kWh for projects in the Owens Valley) for all electricity produced by the solar system, plus a time-of-day multiplier. This is a potentially lucrative opportunity for commercial property owners in the region. For more information, please contact REC Solar.
Additionally, LADWP plans to reopen the commercial Solar Incentive Program (SIP), which provides an upfront incentive for businesses that install solar to offset their facility’s energy use on July 1. Demand also tends to be high for this particular program. When it was last made available in mid-2012, capacity was consumed in just 18 minutes. This is the last year of this particular program as it will not be offered again in 2014.