Are there any states that offer both upfront rebates and performance-based incentives for energy storage

Are there any states that offer both upfront rebates and performance-based incentives for energy storage

Yes, there are states that offer both upfront rebates and performance-based incentives for energy storage. Here are a few examples:

  • California: The California Self-Generation Incentive Program (SGIP) offers a combination of upfront rebates and performance-based payments for businesses installing battery storage. The program includes a 50% upfront rebate combined with a 50% performance-based payment, with higher incentives available for companies in areas prone to power outages and wildfires.
  • Connecticut: The Energy Storage Solutions program in Connecticut provides both upfront rebates and ongoing performance-based incentives. Residential customers can receive up to $16,000 in upfront rebates, while businesses receive a 50% upfront incentive when connected to the grid, with additional performance-based incentives available.

These programs demonstrate how states are using dual incentives to encourage the adoption of energy storage systems.

Original article by NenPower, If reposted, please credit the source: https://nenpower.com/blog/are-there-any-states-that-offer-both-upfront-rebates-and-performance-based-incentives-for-energy-storage/

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