In this chapter, the reader will be introduced to financial topics that affect the viability of large-scale solar power system programs. As with any other capital investment projects, the proper appreciation of financial issues associated with large-scale solar power projects becomes a prerequisite for justifying the validity of a project. As such, the overall financial assessment becomes as important as designing the system. The rebate and tariff programs discussed in the following reflect the specifics of California’s programs, which have set the standards for the United States. Therefore, the readers are advised to inquire about the status of the programs that prevail in other states.
California Solar Initiative Rebate Program
This chapter is a summary of the California Solar Incentive (CSI) and Feed-in Tariff programs, which are essential to understand when dealing with large-scale solar power systems. It should be noted that the California Energy Commission (CEC) has developed all regulatory policy and solar power system equipment certification standards that have been used throughout the United States and abroad. The CSI and feed-in tariffs discussed in this chapter are applicable to all states within the country.