LEGE TREND. 4 Points. West Coast Energy Storage Bill.

State: California

The Energy Storage Bill: SB 700 (2017)

What does California’s SB 700 do for the installation of energy storage systems?

• require utilities to collect funds from ratepayers to establish an Energy Storage Initiative
• The Energy Storage Initiative would worl in tandem with California’s existing Self Generation Incentive Program and the California Solar Initiative
• Funding will run through 2027
• 25% of the funds will go to low income communities and to job training

The goal of SB 700:  incentivize the adoption of solar-plus-storage systems

Utility Dive | California Senate committee clears bill for new energy storage rebate program