I read this differently than 4thgen. Forget the first sentence and read the second and it is clear: TOTAL REBATE AMOUNT WILL NOT EXCEED 50% OF MSRP, NOT TO EXCEED $175. So, if the MSRP is $350, you get a $175 rebate. If the MSRP is $175, you get $87.50.
I looked at the City's website and it confirms this http://www.folsom.ca...ram_sign_up.asp
High-Efficiency Toilets Rebate: Customers can receive 50 percent of the cost of a high-efficiency toilet up to $175, to affordably replace toilets that use 1.6 gallons or more per flush with 1.28 gallons or less per flush
This rebate does not compare to the hot water one to which you refer. Sorry, edited because I read what you posted about that rebate wrong!!! Oops!!! I think we all got it right the first time -- sorry 4thgen!!!
By the way, we did this through San Juan Water District last year and it was awesome and easy. However, SJ did it differently in that we got up to $175 on the total cost of the toilet. We had a SJWD inspector come over to make sure our old toilets used more than 1.6 gallons per flush and that our new toilets use 1.28 gallons or less per flush. We submitted our receipt and got the rebates applies to our future water bills.
We ordered our Toto toilets through Amazon and they were delivered to our door -- free shipping.