California Commits $800Mn for Clean-Energy Technologies, Storage

The measure has been signed aiming to capture, for California, electricity generated by solar panels during daylight hours to help keep the lights on after the sun goes down.

Embracing measures to increase reliability on renewable energy, California State Governor, Jerry Brown has signed committing USD 800 million for clean energy technologies and home energy storage infrastructure.

The measure has been signed aiming to capture, for California, electricity generated by solar panels during daylight hours to help keep the lights on after the sun goes down.

Moreover, the allotment of fund is also expected to increase the incentives saved for the energy storage segment to more than a billion dollar. According to the sources, the rebate money can be used for residential and commercial systems, including for schools, farms and businesses.

“We want to make sure that everyone who has rooftop solar also has an energy storage system,” said State Senator Scott Wiener, a San Francisco Democrat who sponsored the bill. “Once you have a rebate program that the industry knows is table for a number of years, the industry will invest and innovate.”

Significantly, about a third of the money has been set aside for low-income people to claim first. The state funds the incentive program with a fee of about 50 cents a month added to utility customers’ bills.

Source: nytimes