Thursday, March 20, 2014

New Solar Hot Water Incentives for Low-Income Residences in California!

California Solar Initiative- CSI-Thermal Program Low-Income Program.  Incentives are now available for Solar Water-Heating Systems for Low-Income Single and Multifamily Residences!

The CSI-Thermal Low-Income Program provides rebates to utility customers who install solar water heating (SWH) systems that displace natural gas usage. On October 6, 2011, the CPUC approved a Decision creating the CSI-Thermal Low-Income Program, which allocates $25 million to promote the installation of solar water heating (SWH) systems on qualifying low-income single-family and multifamily residences through a program of direct financial incentives. Incentives are available to customers who currently heat their water with natural gas in the service territories of Pacific Gas and Electric Company (PG&E), San Diego Gas & Electric (SDG&E), and Southern California Gas Company (SoCalGas).

Single-family SWH systems that displace natural gas can qualify for incentives up to $3,750. Multifamily applicants can qualify for incentives up to $500,000. Actual incentive amounts will be based on the expected performance of the system as predicted by the SRCC rating and positioning, as is current practice in the CSI-Thermal General Market program. Single-family low-income SWH systems will be determined using the existing CSI-Thermal single-family calculator, and multifamily low-income SWH system will use the CSI-Thermal multifamily calculator. Incentive levels will decline in four steps as the program meets certain installation benchmarks. 

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