SGIP Rebate Formula:
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The Self-Generation Incentive Program (SGIP) provides rebates for qualifying energy storage systems (batteries) in California. The rebate amount is calculated as a percentage of the battery system cost, typically ranging from 15% to 100% depending on various factors.
The calculator uses the SGIP rebate formula:
Where:
Explanation: The rebate amount is simply the battery cost multiplied by the applicable SGIP rate percentage.
Details: Battery rebates help offset the upfront costs of energy storage systems, making them more accessible to homeowners and businesses while promoting renewable energy adoption and grid resilience.
Tips: Enter the total battery system cost in dollars and the applicable SGIP rate (as a decimal between 0.15 and 1.0). The calculator will estimate your potential rebate amount.
Q1: What factors determine the SGIP rate?
A: Rates vary by utility territory, customer type (residential/commercial), system size, and whether the installation is in a high-fire threat district or disadvantaged community.
Q2: Are there maximum rebate amounts?
A: Yes, SGIP has per-customer rebate caps that vary by utility and customer segment (typically $0.50-$1.00 per watt-hour of storage capacity).
Q3: What battery systems qualify?
A: Generally, lithium-ion batteries with at least 4 hours of discharge duration that are permanently installed and interconnected to the grid.
Q4: How do I apply for SGIP?
A: Applications must be submitted through your utility's SGIP program administrator, usually by your installer.
Q5: Is this rebate taxable?
A: SGIP rebates may be considered taxable income; consult a tax professional for advice specific to your situation.