The recently revamped SGIP program closed its first funding round in May with $90 million allocated for energy storage projects.
The program has a total of $566 million in funds for clean energy programs, of which 79% are earmarked for energy storage. Under the PUC’s new program, enacted pursuant to AB 1550, 25% of the funds will be earmarked for low income communities, defined as those at or below 80% of the statewide median income or with median household incomes at or below the threshold designated as low income by the Department of Housing and Community Development.
The new program also applies to state and local government agencies, educational institutions, non-profits and small businesses that are located in disadvantaged communities.
“Our actions make the Self-Generation Incentive Program more equitable without increasing consumer costs,” Clifford Rechtschaffen, the PUC commissioner assigned to the proceeding, said in a statement announcing the program.
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