Refreshing our Recollection | READ THE BILL | Energy Storage Bill

The legislation: SB 700 (2018 | CA)

What does California’s SB 700 do?

• Extends  its Self Generation Incentive Program through 2026
• support the installation of nearly 3 GW of behind-the-meter storage
• Enables the state’s residential solar industry to survive
• Regulators can collect up to $166 million per year from the state’s three large investor-owned utilities to fund SGIP

PV Magazine | California energy storage subsidy extension passes Assembly