On Friday morning, January 15, 2021, RCRC hosted an informational webinar on the new CPUC Self Generation Incentive Program for Large Thermal Energy Storage (SGIP L-TES). Michael Day with Trane Commercial served as the subject-matter expert and speaker. 

The new energy storage incentive program mandated by the California Public Utilities Commission is set to open on February 3, 2021. Funds are limited and will be available to fund energy storage solutions for public and private buildings which are equipped with chillers. Local governments with buildings fitting this profile (administrative centers, courthouses, jails, etc.) are eligible applicants for the Self Generation Incentive Program Large Thermal Energy Storage (SGIP L-TES) program.

Eligible applicants include customers of California’s Investor Owned Utility (IOU) companies - Pacific Gas & Electric, Southern California Edison, Southern California Gas, and San Diego Gas & Electric. The program will cover most, if not all, of the costs associated with the acquisition and installation of specialized energy storage equipment to work with chilled water systems. IOU customers who take advantage of this program to install new energy storage systems will be able to significantly lower their cooling bills, increase resilience, and better position their facility budgets against future rate changes.

Contact RCRC Chief Economic Development Officer, Barbara Hayes, for additional information. The presentation is available here.