California Senate Approves Bill for Energy Storage Rebate Program

The California Senate on Wednesday passed a bill that would create a 10-year rebate program for the state’s local energy storage market. According to a bill analysis from the California legislature, SB 700 directs the California Public Utilities Commission (CPUC), by Dec. 1, 2018, to establish a program called the Energy Storage Initiative (ESI) to provide rebates to customers of California’s investor-owned utilites for the installation of customer-sited energy storage systems that are dispatch capable to achieve market transformation.

Read Full Article Here

For more great articles: Solar Tech News – RenewableEnergyWorld.com

(Visited 3 times, 1 visits today)

Comments

comments



© 2014 RenewaNews