Best States for Energy Storage Rebates
- California
- Self-Generation Incentive Program (SGIP): Offers a dollar per kilowatt rebate for energy storage. It provides higher incentives for low-income households and those in high fire threat districts.
- Clean Electricity Investment Credit (CEIC): Available for commercial battery storage installations, offering up to 50% of project costs under certain conditions.
- Massachusetts
- Mass Save Connected Solutions: Provides financial incentives for residential battery storage, enhancing grid stability.
- SMART Program: Offers additional compensation for solar systems with batteries, incentivizing solar-plus-storage projects.
- New York
- Long Island Energy Storage Incentive: Offers a $250 per kilowatt rebate for Long Island residents.
- Market Acceleration Bridge Incentive Program: Provides competitive incentives for commercial-scale storage projects.
- New Jersey
- Developing the Energy Storage Incentive Program, expected to support standalone and solar-plus-storage installations.
- Connecticut
- Energy Storage Solutions Program: Offers upfront rebates and ongoing performance-based incentives. Residential customers can receive up to $16,000, and businesses get a 50% upfront incentive.
- Hawaii
- Battery Bonus Program: Offers cash incentives and bill credits for those who provide battery capacity during peak demand hours.
- Illinois
- Residential customers can receive $300 per kWh of battery capacity through utilities like ComEd and Ameren Illinois.
- Oregon
- Oregon Solar + Storage Rebate Program: Offers rebates up to $2,500 for battery storage, in addition to solar panel incentives.
These states offer robust incentives to encourage the adoption of energy storage solutions, making them attractive for both residential and commercial projects.
Original article by NenPower, If reposted, please credit the source: https://nenpower.com/blog/what-are-the-best-states-for-energy-storage-rebates/
