Here are some of the states in the U.S. that offer the most generous incentives for residential energy storage:
-
California:
- Self-Generation Incentive Program (SGIP): Offers a dollar per kilowatt rebate for energy storage. The program provides higher incentives for homes in high fire threat districts and low-income households. Rates can be substantially higher for equity and resilience-focused projects, reaching up to $1,000/kWh for equity resilience.
-
Connecticut:
- Energy Storage Solutions Program: Provides residential customers with up to $16,000 per installation. The program includes performance-based incentives for sending energy back to the grid, and businesses receive a 50% upfront incentive. The residential incentive has recently increased to $250/kWh, with additional multipliers for low-income households.
-
Massachusetts:
- Mass Save Connected Solutions: Offers financial incentives and zero-interest financing for battery installations. This program supports grid stability and provides incentives for participating in demand response events, though specific rebate amounts are not detailed as prominently as in other states.
-
New York:
- Long Island Energy Storage Incentive: Offers a $250 per kilowatt rebate for Long Islanders. While limited, this program provides a direct rebate for residential energy storage installations.
-
Arizona:
- Salt River Project’s Battery Storage Incentive Program: Offers up to $3,600 in rebates for residential systems. However, participation requires agreeing to a study on energy storage behavior.
These states are among the most active in promoting residential energy storage through various incentives, which can significantly reduce the upfront costs of installing energy storage systems.
Original article by NenPower, If reposted, please credit the source: https://nenpower.com/blog/which-states-offer-the-most-generous-incentives-for-residential-energy-storage/
