Or how much I need. I found this:
Apparently if I play the system right - I can get a $5.35 per watt rebate. For a 10kW system, that's a $53,500 rebate.PV Systems
PV systems (also known as solar-electric systems) are eligible for incentives paid incrementally, based on the size of the system installed (DC rating). Systems up to 1 MW in capacity are eligible, but incentives are paid only for the first 700 kilowatts (kW) of capacity. Payment amounts also vary by customer class. The rebate is reduced by 15% for owner-installed systems. Effective for applications received on or after March 15, 2006, approved projects installed by all public and nonprofit applicants are eligible for the following incentive levels:
* $5.15 per watt for the first 10 kW of system capacity
* $4.15 per watt for the next 30 kW of system capacity
* $3.50 per watt for the next 60 kW of system capacity
* $3.40 per watt for the next 600 kW of system capacity
Effective for applications received on or after March 15, 2006, approved projects installed by all private-sector applicants (residential, commercial and industrial) are eligible for the following incentive levels. Note that single-family rebate applications are limited to the first 10 kW of project capacity.
* $4.35 per watt for the first 10 kW of system capacity
* $3.20 per watt for the next 30 kW of system capacity
* $3.00 per watt for the next 60 kW of system capacity
* $2.80 per watt for the next 600 kW of system capacity
Significantly, effective for applications received on or after February 1, 2006, approved projects installed by residential, commercial and industrial applicants are eligible for an additional rebate of $0.25 per watt for PV modules manufactured in New Jersey. Furthermore, PV systems up to 10 kW in capacity participating in the New Jersey Home Performance with Energy Star Program also will receive an additional rebate of $0.25 per watt.*
How much do these damn things cost to install that they are giving away rebates like that?!?
One article I read by a guy in NJ alleged that the system costs $72,000 installed. A neighbor of mine has recently had a system installed. If I talked to my neighbors, he might be a good person to ask...
The article mentioned that he can make about $2400 per year selling energy back in the form of something called SRECs.
Any solar power people here?