Clean Solar Initiative Feed-In Tariff (FIT)
LIPA’s Clean Solar Initiative Feed-In Tariff (FIT) is a program in which the owner of an eligible solar photovoltaic (PV) electric system is paid a fixed rate for every solar kilowatt hour generated over the term of a Purchase Power Agreement (PPA) between the owner and LIPA which will have a 20-year term. FIT project MUST be interconnected at the distribution level of 13.2 kV.
Those payments may assist the PV system owner or developer in obtaining project financing. This model has been used successfully by other utilities in the United States to encourage solar PV projects.
Please note: Applications will be accepted starting at 8AM, Monday, July 16, 2012. Applications will be reviewed and processed in the order they are received via email timestamp. Application fees must be delivered within 3 business days of application submittal to:
- National Grid Electric Services, LLC
Power Asset Management
Attn: Stephen Cantore
175 East Old Country Road, Hicksville, NY 11801