AEP Ohio - Renewable Energy Technology Program (Ohio)
Last modified on December 17, 2014.
Financial Incentive Program
|Name||AEP Ohio - Renewable Energy Technology Program|
|Incentive Type||Utility Rebate Program|
|Applicable Sector||Commercial, Residential, Nonprofit, Schools, Local Government, State Government, Fed. Government, Agricultural, Institutional|
|Eligible Technologies||Photovoltaics, Wind|
|Energy Category||Renewable Energy Incentive Programs|
|Amount|| Solar: 1.50/watt|
Wind: 0.275/kWh (estimated performance)
|Eligible System Size|| Residential Solar: Must be at least 2 kW DC|
Non-Residential Solar: Must be at least 10 kW DC
|Equipment Requirements|| All equipment components must be UL listed. Additional requirements apply.|
Wind: Towers and foundations must be stamped by a Registered Professional Engineer
|Expiration Date|| 06/30/2013
|Installation Requirements|| All necessary permits and inspections must be obtained.|
All customers must take service under the Company's Schedule Net Energy Metering Service, and all equipment must comply with AEP Ohio's Interconnection Requirements. Additional requirements apply.
|Maximum Incentive|| Residential Solar: 50% or 12,000|
Non-Residential Solar: 50% or 75,000
|Ownership of Renewable Energy Credits|| Customers must commit RECs to AEP Ohio for 15 years.
|Program Budget|| Residential Solar: $800,000; Non-Residential Solar: $1,200,000; Residential Wind: $375,000; Non-Residential Wind: $125,000
|Program Administrator||American Electric Power Ohio|
|References||DSIREDatabase of State Incentives for Renewables and Efficiency|
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 REC Purchase Program instead of participating in the RET program.
|Contact Name||Distributed Generation Coordinator|
|Address||850 Tech Center Drive|
|Phone 2||(614) 883-7891|
- Incentive and policy data are reviewed and approved by the N.C. Solar Center's DSIRE project staff.
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