Implementing Sector: | Utility |
Category: | Financial Incentive |
State: | California |
Incentive Type: | Feed-in Tariff |
Web Site: | https://www.ladwp.com/fit |
Start Date: | 02/01/2013 |
Utilities: | Los Angeles Department of Water & Power |
Eligible Renewable/Other Technologies: | Solar Photovoltaics |
Incentive Amount: | $0.17/kWh adjusted by a time of delivery multiplier Base price will step down over time as certain MW goals are met |
Maximum Incentive: | $0.3825/kWh |
Eligible System Size: | 30 kW - 3 MW DC |
Duration: | Up to 20 years |
Equipment Requirements: | Project must be registered as RPS-compliant with the California Energy Commission |
Installation Requirements: | Commercial operation must be no later than 18 months following the execution of the contract |
Ownership of Renewable Energy Credits: | LADWP |
Note: LADWP accepted applications for the fifth allocation of the 100 MW FiT Set Pricing Program in March 2015. This program is the first component of a 150 megawatt (MW) FiT Program, and is designed to support 100 MW. The full 100 MW of contracts will be offered in five allocations occurring every six months. A plan for the additional 50 MW program is still in development. See the website above for more information.
LADWP is providing a Feed-in Tariff (FiT) program to support the development of solar photovoltaic (PV) in its territory. Project must be registered as RPS-compliant with the California Energy Commission to be participate.
The full 100 MW of contracts awarded through this program will be offered in five allocations occurring every six months. For each allocation, 4 MW of capacity will be reserved for small projects between 30 kW and 150 kW. If the small projects reach their reserved capacity limit before the total reserved capacity is met for a Tier, the remaining small projects will qualify under the total reserved capacity allocation until that category is exhausted. During the first five business days of each application period, all submitted applications will be prioritized on the FiT Reservation List by lottery. Applications received after the first five business days will prioritized in the order they are received.
The amount LADWP will pay for each kilowatt-hour (kWh) produced will be a product of the Base Price of Energy (BPE) multiplied by the appropriate Time-of-Delivery (TOD) Multiplier. The BPE is scheduled to decline as each 20 MW allocation is subscribed. The TOD multiplier varies by time of day and time of year with the highest multiplier being available between 1:00 PM and 5:00 PM during June through September. The full schedule for BPE prices and TOD multipliers can be seen in the tables below.
Base Price of Energy
Tier Level | Total MW Capacity Reserved | Small Project MW Capacity Reserved | Pricing (per kWh) |
1 | 0-20 | 0-4 | $0.17 |
2 | 20-40 | 4-8 | $0.16 |
3 | 40-60 | 8-12 | $0.15 |
4 | 60-75 | 12-16 | $0.14 |
5 | 75-100 | 16-20 | $0.13 |
Time of Delivery Multiplier
High Peak | Low Peak | Base | |
Period | M-F (1:00 pm - 5:00 pm) |
M-F (10:00 am - 1:00 pm) M-F (5:00 pm - 8:00 pm) |
M-F (8:00 pm - 10:00 am) All day Saturday and Sunday |
High Season (Jun - Sep) |
2.25 multiplier | 1.10 multiplier | 0.50 multiplier |
Low Season (Oct - May) | 1.30 multiplier | 0.90 multiplier | 0.50 multiplier |
Program participants must pay application fees, interconnection study fees, development security deposits, and interconnection fees. These fees and additional program requirements can be found at the web site above.
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