Download Free (.pdf)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 …
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 …
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.
Residential Solar Companies: Now’s the Time to get in the (Energy Storage) Game
After a lot of hype and false starts in the residential energy storage market, things are starting to get real. Recent data definitively shows that storage installation volumes are ramping up in the residential segment. According to GTM Research’s latest U.S. Energy Storage Monitor report, residential storage grew 248 percent in 2017 compared to 2016, measured in total megawatts installed. In terms of the number of residential grid-tied storage systems deployed, GTM Research counted 914 in all of 2016, which compares to 2017’s deployments of: 255 systems in Q1, 486 in Q2, 810 in Q3, and 1,516 in Q4.
Our SGIP Incentives are Live on the Platform
The Self-Generation Incentive Program (SGIP) provides financial incentives for the installation of new, qualifying technologies including energy storage, wind power, fuel cells, combined heat & power and others. It was big news when the program relaunched in the spring of 2017, with a re-upped program budget that was earmarked primarily for customer-sited Energy Storage Systems (ESS).