There is no single fixed dollar cap on the incentive amount per application. Instead, the maximum incentive is determined by several program rules, including:

  • Applicable SOMAH incentive rates, such as the per-AC-watt rates for solar (based on tax credit status, see Table 4) and the flat $1.10 per Wh rate for storage.
  • The rule that SOMAH incentives may cover up to the full cost of the portion of the solar or integrated solar + storage system that offsets tenant load, but the total incentive cannot exceed the full system cost once other eligible non-tax incentives are considered.
  • The requirement that total SOMAH incentives may not exceed total eligible project costs. If combined incentives exceed eligible costs, the SOMAH incentive will be reduced.

In practice, the maximum incentive an application can receive is the lesser of:

  1. The amount calculated using the applicable SOMAH incentive rates, or
  2. The project’s total eligible costs after accounting for other incentives.