Several states in the U.S. are known for offering performance-based incentives for energy storage:
- California: The Self-Generation Incentive Program (SGIP) offers a combination of upfront rebates and performance-based payments. It prioritizes funding for projects in high-risk wildfire areas and participants in demand response programs.
- Connecticut: The Energy Storage Solutions program provides both upfront rebates and ongoing performance-based incentives. Businesses earn these incentives by helping reduce grid stress during peak periods.
- Massachusetts: The ConnectedSolutions program pays businesses for reducing energy consumption during peak demand periods. Additionally, the Clean Peak Standard rewards businesses for discharging stored energy during peak hours.
- New York: While primarily known for upfront incentives, New York’s focus on integrating storage with renewable energy projects means performance can indirectly affect financial benefits.
These states utilize a mix of upfront rebates and performance payments to encourage the deployment of energy storage solutions, enhancing grid stability and supporting renewable integration.
Original article by NenPower, If reposted, please credit the source: https://nenpower.com/blog/are-there-any-specific-states-known-for-their-performance-based-incentives-for-energy-storage/
