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California's Governor Jerry Brown signed SB 700 into law on September 27, 2018, extending the Self-Generation Incentive Program (SGIP) for an additional five years.
California's Governor Jerry Brown signed SB 700 into law on
September 27, 2018, extending the Self-Generation Incentive Program (SGIP) for an
additional five years.
As previously discussed in our blog post
here, SGIP extends the current January 1, 2021 expiration date
until January 1, 2026, and provides rebates for the installation of
energy storage systems and certain eligible technologies including
wind turbines, pressure reduction turbines, fuel cells, waste heat
capture and combined heat and power, internal combustion engines,
microturbines and gas turbines (although the bill provides that
after January 1, 2020, nonrenewable generation technologies will
not be eligible for rebates under the SGIP). 75% of total rebates
under the program are designated for energy storage
technologies.
The new law will take effect on January 1, 2019.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
