SAN FRANCISCO--(BUSINESS WIRE)--Pacific Gas and Electric Company (PG&E) today announced the opening of the self-generation incentive program (SGIP) for 2017 through the end of 2019. During this timeframe, PG&E will administer more than $240 million in SGIP incentives to customers, offering financial incentives to help them install storage, renewables and other energy technologies.
Developed by the state legislature and the California Public Utilities Commission (CPUC) and administered by California’s energy companies, SGIP focuses on integrating renewable energy and reducing greenhouse-gas emissions to support California’s climate and clean air goals. The funds allocated for SGIP were doubled this year through the end of the program in 2019.
Starting in 2017, 79 percent of the incentives under SGIP are now allocated for energy storage with approximately 13 percent of this available for residential projects. For energy storage projects, PG&E prioritizes applications that pair energy storage with a renewable generator including solar or wind technologies. The remaining 21 percent of SGIP is allocated for other resources that customers can install to generate energy including wind turbines, fuel cells, internal combustion engines that use biogas and more.
“Incentives for energy technologies offered through the statewide self-generation incentive program allow our customers to have choice and control over their energy. We applaud California’s direction allocating nearly 80 percent of the program to energy storage, a growing resource as we continue integrating distributed energy resources for the energy grid of the future,” said PG&E Vice President of Customer Energy Solutions Aaron Johnson.
Energy storage can help PG&E customers save money and energy while enhancing the overall reliability of an ever-changing energy supply. Additionally, integration challenges associated with increasing growth of renewables and distributed energy resources can be addressed by storage.
PG&E is accepting SGIP applications on a first-come, first-serve basis starting on May 1, 2017. PG&E customers can apply via the website www.selfgenca.com/.
Pacific Gas and Electric Company, a subsidiary of PG&E Corporation (NYSE:PCG), is one of the largest combined natural gas and electric energy companies in the United States. Based in San Francisco, with more than 20,000 employees, the company delivers some of the nation’s cleanest energy to nearly 16 million people in Northern and Central California. For more information, visit www.pge.com/ and pge.com/news.