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619.501.2713
San Diego, California
California Contractor
Lic #877576 C10
COMMERCIAL & GOVERNMENTAL SOLAR
Power Purchase Agreements (PPA's) Available
Get
the benefit of having green power without the up front cost. We are proud
to announce that Silverwood Energy can provide a Power Purchase Agreement
(PPA) for any size commercial or governmental solar energy system. With
a PPA, there is no up front capital cost to install the system. You pay
a discounted utility rate for the power while a third party owns the system
and pays all the equipment and installation costs.
Click here to view our large scale commercial and governmental installations.
Silverwood
Energy, Inc. has installed over 8 megawatts of commercial and governmental
solar projects thoughout California. With California Senate Bill (SB1)
signed into law at the end of 2006, a new California solar program, The
California Solar Initiative (CSI), went into effect on January 1, 2007.
Commerical installations over 100 kW in size up to 1 MW, fall under the
Performance Based Incentive (PBI) of the CSI. The PBI
Incentive is based on the system's output in kWh. As opposed to an up
front rebate, CSI monthly payments are based on total system production.
The current payment rate is $0.26 per kWh
for 5 years for SDG&E territory. Other utility territories may be
at different incentive levels. This payment rate is also scheduled to
decrease over time when certain pre-set target levels of commercial solar
have been installed. Unlike commerical systems under 100 kW in size, systems
over 100 kW in size cannot opt into the EPBB Incentive.
Commercial installations, under 100 kW in size, now fall under the EPBB
Incentive of the CSI with a current rebate level at a maximum of $1.90
per watt for SDG&E territory. Other utility territories may be at
different incentive levels. The final rebate level is dependent upon the
EPBB Design Factor, determined by system specifics such as location, orientation,
and shading. The EPBB Design Factor was instituted to encourage responsible
solar installation practices. The EPBB Incentive is a one time, up front
rebate paid upon system installation. The current rebate level will decrease
once pre-set target levels of commerical solar have been met. Each utility,
such as SDG&E, SCE, or PG&E, have an individual target level.
Commercial systems under 100 kW in size can opt
into the PBI Incentive of the CSI.
Government and Non-Profit installations under 100 kW which cannot take advantage of tax credits, will qualify for an increased rebate level of a maximum of $2.65 a watt for SDG&E territory for the EPBB Incentive. Other utility territories may be at different incentive levels. Systems over 100 kW will receive a PBI Incentive payment rate of $0.37 per kWh for 5 years for SDG&E territory. Other utility territories may be at different incentive levels.
In order to qualify for the CSI rebate program, the property must be located within the service territory of SDG&E, SCE, or PG&E. Local municipalities that are not part of the CSI rebate program may provide their own solar incentive program.
In addition to the CSI rebates, all commercial systems will qualify for an additional 30% Federal Tax Credit (no limit) and 5 year Accelerated Depreciation.
Even though a solar installation adds to the value of a commerical property, there is legislation (Section 73 of California's Revenue and Taxation Code) that prevents your property taxes from increasing.
With a Net
Metering arrangement, your commerical installation will not require batteries
unless you want emergency backup power to prevent against power outages.
We also recommend and sell the GenCore Hydrogen Fuel Cell for 
emergency
backup power.
If you are in an area where it rains very little, the only maintenance that your system might require would be to wash the modules down every few months to remove any build up of dust or debris.
Silverwood Energy, Inc. has completed many commercial turnkey installations and installation only projects thoughout Southern California. Silverwood Energy, Inc. is also a member of the SunPower VAR Program. If you would like a site evaluation to determine if solar makes sense for your business, contact us today.
Click
here to view our large scale commercial and governmental installations.