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Federal.
– $1,000 per kW or 30%, whichever is less
– Minimum of 0.5 kW capacity
– Effective January 1, 2006
– Electricity only efficiency of more than 30%
Example
Assume a price of $20,000 for a 5 kW fuel cell system:
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| Number of kW (5) multiplied by $1,000 |
= $5,000 |
30% of system price ($20,000) |
= $6,000 |
| Incentive (lesser of $5,000 or $6,000) |
= $5,000 |
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