The 2017/2018 SP3 project awards currently total 800 kW-DC at weighted average price ~12.7¢/kWh. As of April 19, funding remains available for PPAs for approximately 1 megawatt of additional capacity. Applications will be accepted on a first come first served basis until all funds are committed.
SP3 offers business and solar teams the opportunity to install a solar PV system and receive payment under a fixed-price (non-escalating), 20-year power purchase agreement (PPA). The program features a competitive bid price (cents/kWh).