Source: North American Clean Energy
If you’re a California homeowner interested in energy storage, chances are you’ve heard of the Self-Generation Incentive Program (SGIP). The SGIP rebate is a state incentive for homeowners looking to install a home battery system, either with or without solar. To help strengthen its ongoing efforts in wildfire resiliency, the California Public Utilities Commission (CPUC) has approved an extension of SGIP, which includes a new budget and modified incentive programs totaling over $1.2 billion for those in the fire-zones of California.
SGIP offsets most, or in some cases all of the cost of energy storage projects in high fire threat areas that are sited at disadvantaged and low-income residences, as well as for medically vulnerable customers. This rebate allows these populations to utilize energy storage, and gain a reliable source of power when electricity is shut off during planned and unplanned outages.
Here’s how to qualify:
Some additional provisions include:
The savings don’t stop there. If you are planning to marry your energy storage system with a solar PV array, you can capitalize on a 26 percent federal investment tax credit (ITC). The SGIP gives all Californians the opportunity to conserve the environment while also conserving some of their hard-earned money.
Aric Saunders is the Executive Vice President of Sales and Marketing at Electriq Power, a Northern California-based supplier of a lithium-ion smart home energy storage solution.