The rebates apply to both solar photovoltaic power systems and solar thermal systems used to heat water or air. Solar photovoltaic systems installed before 2007 will earn a rebate of $3 per watt for the first 2,000 watts and $1 per watt for the next 1,000 watts, for a maximum rebate of $7,000. Solar thermal systems will earn a rebate of 25 percent of the system cost, including installation, up to a maximum rebate of $1,250.

The rebates will be funded through an assessment of the state's utilities.

Publication date: 07/18/2005