If you’re looking to add battery backup to your existing solar photovoltaic (PV) system or add a new PV system with battery backup, Silicon Valley Power now offers a rebate for residential battery storage systems. Battery backup systems can provide power to critical appliances or medical devices during a power outage and can be charged by your PV system.
Batteries must be integrated with a PV system and must be purchased and installed after July 1, 2024 to be eligible.
Incentives are $0.15 per Watt-hour (Wh) up to $2,700. Income-qualified customers may receive an additional $2,000 in bonus incentives if enrolled in the Financial Rate Assistance Program. An additional $2,000 is available for income-qualified customers who meet LIHEAP income requirements.
Federal Tax Credits may also be available up to 30% of the cost of the batteries. Batteries must have a capacity of at least 3 kilowatt hours to qualify. Federal Tax Credits up to 30% may also be available for the installation of a new PV system. Consult your tax advisor for more information and any limitations that may apply.
For more information and complete program rules, visit SiliconValleyPower.com/Rebates.