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.
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