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Solar benets your business today, tomorrow and beyond. • Save money. You can reduce your annual electricity costs with solar energy.• Short payback periods. Combining our incentives with federal or state tax credits, your business may be able to cover the cost of your solar energy system in as little as one year. • Increases property value. With lower operating costs and less environmental impact, solar energy system installations are an appealing perk to your budget and future investors alike. • Boost your reputation. Show your business’s commitment to sustainability and social responsibility by leading your community toward a stronger renewable energy future. 11/21Save energy with commercial solar. Installing a solar project at your business is more affordable than ever. Your business’ solar incentive is $1,000 per peak kW. kW savings are calculated based on summer coincident peak demand energy production, which occurs June through August (excluding weekends and holidays) from 2 p.m. to 6 p.m. Incentives require pre-approval and are capped at 50 percent of the project cost, up to $500,000.Considering solar energy as part of your business’s future? From tax credit resources to incentives and more, the PPL Business Energy Efciency Program is your source for all things solar. Learn everything under the sun and more about business energy efciency programs at pplelectric.com/businessrebates.
How can I nd out if my photovoltaic solar system meets eligibility requirements for an incentive?Work with your contractor or design team and reach out to our program team to check if your system meets the program requirements. What rebate can I expect for a 100 kW system? Incentives vary by system type, panel tilt, project siting, shading, and other factors. Each project will be paid based on actual veried/demonstrated savings. The average incentive would be approximately $42,000, but we have seen a range of higher and lower incentives. What additional documents are required for incentive submission and pre-approval? Product spec sheets, annual energy generation projection and a system quote that includes all intended grants, tax credits and tax deductions are required for pre-approval. How is the incentive pre-approval amount determined? Due to the variety of generation estimation software options in the market, we use the National Renewable Energy Laboratory’s (NREL) PVWatts® calculator to estimate annual hourly usage. An average generation amount from weekdays, June through August from 2 p.m. to 6 p.m., will be used to pre-approve the project.When will my incentive application be pre-approved? Once all energy usage and cost documentation has been provided, your application will be reviewed within 15 business days. A site visit may be needed to conrm that construction has not started, and all application materials are accurate.How is the nal incentive amount determined? Final incentive amounts are measured and veried (M&V) using actual generation data exported by the energy system and annualized using solar data from the most recent 10 years available from the NREL.How long is the measurement and verication (M&V) period? The M&V period will take a minimum of three months, with at least one month of data taken from the June through August time period.Do I need to submit an application to interconnect my solar system to the transmission or distribution grid? Yes, PPL needs to perform an electrical review of your system to assure a safe and reliable interconnection. You can initiate this review through pplelectric.com/interconnection.Are solar systems that have received grants eligible for program incentives and are tax incentives considered when looking at cost effectiveness? Yes! Grant awards are simply subtracted from the overall project cost. Tax benets will be considered, but documentation may be required.Will Solar Renewable Energy Credits (SRECs) be deducted from my project cost? SRECs are not considered when calculating project costs as they are highly variable due to their changing value in the marketplace.I’m a PPL customer that will be entering into a power purchasing agreement for a new solar photovoltaic system. Will this system be eligible for incentives? Yes, if the installation passes eligibility requirements, the purchasing agreement is eligible for incentives.How are incentive caps determined for systems that are obtained through a power purchasing agreement? Because incentives are capped at 50 percent of net project cost, our engineering team will calculate the Net Present Value of cost of the system over the rst 15 years of the system’s operation.Pre-approval is required, and projects must meet a minimum Total Resource Cost (TRC) of 0.85. Program availability and incentive levels are effective June 1, 2021 and are subject to change and/or termination without prior notice. Incentives and discounts offered are subject to customer meeting program eligibility. The costs of energy efciency programs are recovered through customer rates in accordance with the Pennsylvania Act 129 of 2008. PPL Electric Utilities assumes no responsibility for the performance of the equipment or equipment warranty, the quality of the work, labor and/or materials supplied, and/or the acts or omissions of any contractor. Refer to Terms and Conditions on pplelectric.com/businessrebates.11/21Start your switch to solar today! Call 1-866-432-5501 or email PPLBusiness@clearesult.com to start now or visit pplelectric.com/businessrebates for full program details. Frequently asked questions