SB 700 (Wiener; D-San Francisco) – Self-generation incentive program, was signed by the Governor.  This industry supported bill will assure support for behind-the-meter storage systems by extending the California Public Utilities Commission’s Self-Generation Incentive Program (SGIP) for five years by authorizing revenue collection through the end of 2024 and program administration through January 1, 2026 and making targeted changes to ensure that SGIP recipients use their technologies to reduce greenhouse gas emissions.

Energy storage is a critical tool in addressing the surplus of renewable energy during midday periods of low demand (the ‘duck curve’) while saving ratepayers money on transmission and distribution investments, and behind-the-meter systems can ensure that owners of home solar systems in particular can reap the full benefits of their investment.  Small-scale, localized energy storage systems also provide valuable resiliency in cases of wildfire or other natural disasters, when traditional power lines may be severed or unusable.

SGIP had been set to expire at the beginning of 2021. The five-year SGIP extension envisioned in SB 700 could lead to as many as 2,000 MW of storage across California.

A signing message by the Governor for SB 700 can be found here.

© 2007-2012 Building Owners and Managers Association of California (BOMA Cal)