Residential Solar: 50% or $12,000
Non-Residential Solar: 50% or $75,000
Residential Wind: 50% or $7,500
Non-Residential Wind: 40% or $12,000
Wind: $0.275/kWh (estimated annual performance)
As part of the Renewable Energy Technology (RET) Program, AEP Ohio offers incentives to customers that commit their Renewable Energy Credits (RECs) to AEP Ohio for 15 years. Incentives are available for wind and solar photovoltaic systems that are installed after July 1, 2011 and before June 30, 2013. Systems must be located in the AEP service area, and must have their RECs registered in the PJM Generation Attribute Tracking System (GATS). Solar photovoltaic systems are eligible for a $1.50/watt incentive. Residential systems must be at least 2 kW DC, and incentives are capped at $12,000 per customer or 50% of the system cost. Non-residential systems must be at least 10 kW DC, and incentives are capped at $75,000 or 50% of the system cost. Wind incentives are based on expected annual output, receiving $0.275/kWh. Residential incentives are capped at $7,500 or 50% of the system cost, and non-residential systems are capped at $12,000 or 40% of the system cost. Both residential and non-residential wind systems must have an annual output of at least 3,000 kWh/year AC.
Project equipment cannot be ordered, purchased, or installed prior to the execution of an agreement with AEP Ohio. All systems must be tied to AEP's electrical grid, comply with AEP's Interconnection Requirements, and must take service under AEP's Schedule Net Energy Metering Service. All applicable permits and inspections must be obtained. Additional requirements and application materials are available on the program website.
Customers who install renewable energy systems may choose to maintain ownership over their RECs and sell the RECs to AEP through the [http://dsireusa.org/incentives/incentive.cfm?Incentive_Code=OH106F&re=1&... REC Purchase Program] instead of participating in the RET program.
All equipment components must be UL listed. Additional requirements apply.
Wind: Towers and foundations must be stamped by a Registered Professional Engineer