CPUC's Solar Subsidy Program May Be Replenished

The California Public Utilities Commission's now-empty solar subsidy account will likely receive a $300 million infusion. The Self-Generation Incentive Program (SGIP), geared for large photovoltaic systems, would fund the highly popular subsidy program through 2006. The commission plans to vote December 15 on an interim order to fill the drained CPUC solar account. The subsidy would also be dropped to $2.80 per watt from $3.50/watt to allow the funds to go farther. The stopgap funding and reduced rebate are being sought because of the "urgent need to increase funding for the solar element of the SGIP in recognition of the exhaustion of the SGIP fund, and our commitment to continue to promote solar development," states the draft order by administrative law judge Kim Malcolm. Meanwhile, CPUC staff are working with their counterparts from the California Energy Commission to try to conjoin solar power buy-down programs. The goal is to create substantial long-term funding in preparation for the Million Solar Roofs initiative up for a CPUC vote next week.

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CPUC’s Solar Subsidy Program May Be Replenished

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