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All rights reserved.
Available Funding for the APS Renewable Incentive Program
The APS Renewable Energy Incentive Program was created in response to the Renewable Energy Standard (RES) as approved by the Arizona Corporation Commission. Incentives from this program are designed to help our customers take advantage of the renewable energy resources available in our state. Doing so will help decrease air pollution, reduce energy costs for participating customers and help build a more sustainable future for all Arizonans.
The goal of the RES is for 15 percent of our retail energy sales to come from renewable energy resources by the year 2025. For 2010, 2.5 percent of the energy we provide must be derived from renewable energy resources. Of that percentage, 20 percent must come from Distributed Energy - resources that APS does not own and which are installed on the "customer's side" of the electric meter such as rooftop solar panels.
To help reach these goals for distributed energy, the ACC has authorized APS to offer up to $55.3 million for residential incentives and $147.4 million for non-residential incentives for APS customer projects in 2010. The energy production target through the end of 2010 is 141,305,290 kWhs of distributed energy which is divided equally between residential and non-residential customers.
| Energy Targets | Residential | Commercial | |
| 2010 Projected End-of-Year Compliance Target (kWhs) |
70,652,645 | 70,652,645 | |
| 2010 Year-to-Date Results (kWhs) - As of November 30, 2010 | |||
| Systems Installed | NA | NA | |
| Applications Reserved | NA | NA | |
| Energy Still Required | NA | NA | |
| Production Based Incentive Lifetime Commitment Cap | $100,000,000 | ||
| Breakdown of $100,000,000 | |||
| Large Projects: $65,000,000 Lifetime Commitment Cap (includes money released from 2009 commitments) |
$126,944,266 | ||
| Systems Installed | $0 | ||
| Applications Reserved | $114,882,765 | ||
| Available Existing Lifetime Funds | $12,061,501 |
The last accepted project at the conclusion of second nomination period had a PBI Ranking Index Value of 980.
View a working model of the PBI Ranking Calculator (MS Excel)
| Medium Projects: $20,000,000 Lifetime Commitment Cap (includes newly available money from 2009) |
$28,082,388 |
| Applications Reserved |
$24,354,031 |
| Available Existing Lifetime Funds |
$3,728,357 |
The last accepted project at the conclusion of the September/October nomination period had a PBI Ranking Index Value of 1030. The next nomination period ends December 31, 2010.
View a working model of the PBI Ranking Calculator (MS Excel)
| 2010 Up Front Incentive Commitment Cap | |
| Small Projects: $2,000,000 Lifetime Commitment Cap (includes newly available money from 2009) |
$3,174,007* |
| Applications Reserved |
$2,384,896 |
| Available Existing Funds |
$789,111 |
| *Applications pending exceed available funds | |
The last accepted project at the conclusion of the September/October nomination period had a UFI Ranking Index Value of 422. The next nomination period ends December 31, 2010.
| Schools & Governmental: $15,000,000 Lifetime Commitment Cap |
$15,000,000 |
| Systems Installed |
$0 |
| Applications Reserved |
$14,989,641 |
Based on these results, we are currently accepting applications for both residential and non-residential incentives.
Forms & Resources | Renewable Energy Home
Learn more about all APS Green Choice programs