ETB Ask an Expert: SGIP Program history & current market update with Scott Murtishaw from CALSSA
In our very first “ETB Ask an Expert” interview series we explored the topic of SGIP, the Self Generation Incentive Program in California, which is the longest running and most lucrative behind-the-meter energy storage incentive program in the country. The SGIP program was recently re-upped with $675 million dollars of …
A Definitive Guide to the Updated SGIP Incentive Program (2020 Edition)
The Self-Generation Incentive Program (SGIP) in California is the longest running and most lucrative incentive program for behind-the-meter energy storage projects in the country. The program received a historic new commitment of funding in 2018 when the California legislature passed Senate Bill 700 (SB 700), which provided the program an …
Webinar Recap: SGIP Equity Resiliency Budget – How to Identify & Close Deals
It’s no secret that the recent updates to one of the most lucrative and successful distributed energy programs in the country, the Self-Generation Incentive Program, have been a cause for confusion for many. Since the passing of Senate Bill 700 and seeing the California Public Utilities Commission’s (CPUC) finalized plan …
WEBINAR: SGIP Equity Resiliency Budget: How to Identify & Close Deals
Summary: The SGIP Equity Resiliency Budget is one of the most favorable incentives for energy storage projects in California to date. It’s at the forefront of almost all conversations with an incentive level set at $1,000/kWh. This level of assistance will likely subsidize an entire system, leading to a dramatic increase in energy storage installations […]
Public Safety Power Shutoffs & Equity Resiliency Incentives – A Perfect Storm for Home Energy Storage Demand
The behind-the-meter energy storage market posted another year of record growth in 2019, according to Wood Mackenzie’s latest U.S. Energy Storage Monitor report. In Q3 2019, energy storage deployments grew 93% versus Q3 2018, with behind-the-meter projects accounting for 55% of the total storage market. Residential sector deployments grew for …
6 Thoughts on the Current State of Residential Energy Storage Market in California
We hosted a webinar recently entitled “Modeling the Economics Residential Energy Storage Projects in California” where we shared all of our latest insights on the market. We’re constantly learning and adjusting our thinking as the market evolves. We’re fortunate to have a front-row seat, working closely with many of the …
WEBINAR: Modeling the Economics of Residential Energy Storage in California
Summary: The residential energy storage market in California is growing with the assistance of declining battery prices and more “storage friendly” rate schedules. This webinar overviews all the factors playing into residential storage in California including SGIP, the SB700 extension, new SGIP requirements and the best/worst rate schedules in the three IOU’S (PG&E, SCE, SDG&E) […]
We Updated our SGIP Incentives
We made a small update to the logic we use to calculate (SGIP) Self Generation Incentive Program energy storage incentives that we want to make users aware of. The SGIP Program Handbook states that the energy capacity of a storage system, which the SGIP incentive is paid based on, is …
SB700 to extend SGIP program through 2025, $800M for Behind-the-Meter Storage
SB700 was signed into law in September and extends California’s Self-Generation Incentive Program for another five years, through 2025. The bill will add up to $800 million for energy storage initiatives along with other clean energy technologies for the state.
WEBINAR: California Residential Storage Market Updates
Summary: This webinar reviews where the California residential energy storage market stands today and the updates that are being made to encourage storage throughout the state. Agenda: Overview – Energy Toolbase – 2:05 Resi storage motivations – 4:44 SGIP program data & updates – 6:36 SB 700 summary & updates – 15:22 Ranking: best residential […]