Commission Proposes Reduction in California Solar Initiative Incentive

http://www.solarbuzz.com/News/NewsNAGO299.htm

On March 20, 2006, the assigned Administrative Law Judge (ALJ) received notice from the Commission's Energy Division staff that 2006 solar PV project applications for CSI funds have exceeded the 50 MW trigger set forth in docket D.06-01-024.

The total applications in hand as of March 9, 2006 total 91 Megawatts.

California Public Utilities Commission, Administrative Law Judge Dorothy J. Duda has ruled that the program administrators for the Self-Generation Incentive Program (SGIP), in coordination with Energy Division Staff, should ensure that incentive payment levels for solar photovoltaic (PV) projects are reduced from $2.80/watt to $2.50/watt for all 2006 program applications exceeding the previously set 50 MW threshold, unless modified by further ruling of the Commission.

The Energy Division memo indicates that new program applications as of March 9, 2006 are already an additional 41 MW into the second trigger point of 70 MW of incremental demand (or 120 MW cumulative).

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The program is WAY oversubscribed - it's a hugh success!!!111

program. Looks like the Republicans are having their way.

Applications have exceeded the first trigger level (50 MW) and are approaching the next trigger (50+70 MW) - and it's only March!!!!!

This is the way it's supposed to work - if the initial rebates result in applications exceeding the triggers then they are working "too well" and the next tier of applications will be funded at a lower rate (too stretch available funds).

California is well on the way to becoming a world leader in PV installations...

:)

really good news than I'm happy about it.