Several U.S. states offer substantial upfront rebates for energy storage, with some of the highest incentives found in the following states:
- New York:
- Market Acceleration Bridge Incentive Program: Offers up to $350 per kWh for battery storage installations in parts of the state outside New York City, and up to $100 per kWh for installations in New York City.
- Connecticut:
- Energy Storage Solutions Program: Provides a 50% upfront incentive for businesses, which can significantly reduce the cost of battery installations. Residential customers can receive up to $16,000 per installation.
- Massachusetts:
- While not as high in upfront rebates, Massachusetts offers the SMART program, which includes incentives for solar-plus-storage projects, and the ConnectedSolutions program provides financial incentives for demand response.
- California:
- Self-Generation Incentive Program (SGIP): Offers a rebate that can provide significant upfront savings, though the amount has decreased as more participants join the program.
These states are among the leaders in providing financial support for energy storage adoption, with incentives structured to encourage both residential and commercial installations.
Original article by NenPower, If reposted, please credit the source: https://nenpower.com/blog/which-states-have-the-highest-upfront-rebates-for-energy-storage/
