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Solar initiative offers rebate chance
Jan 10, 2014 | 2241 views | 0 0 comments | 35 35 recommendations | email to a friend | print
APPLICATIONS for the incentive can be submitted either through Intermountain or online at rockymountainpower.net.
Stock photo
APPLICATIONS for the incentive can be submitted either through Intermountain or online at rockymountainpower.net. Stock photo
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BY TOM BUSSELBERG

Managing Editor

WOODS CROSS –  Rocky Mountain Power is offering a solar power initiative Jan. 15-Jan. 28 where people can sign up and possibly receive a rebate for installing such a system.

Intermountain Wind & Solar of Woods Cross is among companies gearing up to assist those who “win the lottery,” so to speak, as well as others interested in installing solar power at their home or business.

Intermountain is holding two solar power workshops Jan. 15 and Jan. 22 at 6:30 p.m. at its offices at 1953 W. 2435 South, Woods Cross. For more information, call 801-298-5255. 

Those interested in applying for the Rocky Mountain Power incentive can submit an application through Intermountain or by going to www.rockymountainpower.net/env/nmcg/usip.html. 

Names will be drawn in a lottery-type format, and winners or those who can participate, notified by Feb.  7, said Justin Munk, sales manager of Intermountain Wind & Solar. 

The maximum rebate for those  chosen is $4,800, he said. That would be for a system of 20-22 panels. Most homeowners will probably install at least eight to 10 panels. 

The rebate is awarded after a system is installed.

Small and large businesses also can apply for the program, with separate funding available from RMP, Munk said.  A small commercial system could get an incentive award of up to $23,750, he said.  

Last year, Intermountain installed about 25 systems under the Rocky Mountain incentive. The firm has installed more than 100 systems over its five-plus years in existence, Munk said.

Those  not chosen for the incentive can still profit from installing such a system, he said. 

A typical residential system costs about $18,000. homeowners get a 30 percent federal tax credit and $2,000 state tax credit, Munk said.

If the rebate is included, about $7,000 will be refunded. Over the 25-year system warranty, homeowners can expect to save $40,000 to $45,000, or get six times the savings for the expense, he said. 

Doug Shipley of Farmington installed a system at his home four years ago and “is going to exceed his expectations on payback,” Munk said. 

“In the free workshops, we will answer questions and clarify misconceptions” he said.

 “Once we explain the incentives and pricing, and how they can save all that money,” many people decide to take advantage of it, he said.

“A solar system still does very well, even in northern Utah,” Munk said. “We might have a few snow days, where panels are covered, and inversions, but over the long-term, we still have 5 1/2 hours of sun, on average.”

Intermountain negotiates pricing with suppliers based on high volume, saving customers money, he said. 

 

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