Performance Based Incentives (PBI)
PBI are paid for photovoltaic (PV) systems greater than or equal to 100 kW in size. The monthly payments are based on the actual recorded kilowatt hours (kWh) of solar power that is produced over a 5-year period. The incentive rate will remain constant over the 5-year period once the PBI rate has been determined and a confirmed reservation was issued. Smaller projects may opt in the PBI.
Applicants can be residential or non-residential. Commercial entities and government or non-profit entities that are system owners are subject to different incentive rates. If the Government or the non-profit entity is not the system owner, the tax status of the system owner determines the correct incentive.