Yes, several states offer performance-based incentives for energy storage. Here are a few examples:
- Connecticut: The Energy Storage Solutions program provides not only upfront rebates but also performance-based incentives. Businesses can earn these incentives twice a year for 10 years based on the power added to the grid during peak periods.
- Massachusetts: The ConnectedSolutions program offers performance incentives, particularly through summer and winter performance payments. Customers can earn incentives based on their battery’s contribution to grid stability during these periods.
- New Jersey: The proposed New Jersey Storage Incentive Program includes plans for behind-the-meter storage resources to receive incentives through annual installments and performance incentives for reducing on-site load or supplying additional power when needed.
- New York: While not every program explicitly states performance-based incentives, New York has significant policy targets for energy storage, and incentives are often structured to support grid stability and reliability.
These programs demonstrate how states are incorporating performance-based incentives to encourage the adoption of energy storage solutions and support grid resilience.
Original article by NenPower, If reposted, please credit the source: https://nenpower.com/blog/are-there-any-states-that-offer-performance-based-incentives-for-energy-storage/
