Senate Bill No. 700

Summary: This bill extends the collection period for the self-generation incentive program to December 31, 2024, and the administration period to January 1, 2026. The bill aims to increase the deployment of distributed generation and energy storage systems to integrate them into the electrical grid, reduce greenhouse gas emissions, peak demand, and ratepayer costs. It also sets requirements for energy storage systems to reduce emissions of greenhouse gases and specifies that generation technologies using nonrenewable fuels are not eligible for incentives starting January 1, 2020.

Date Approved: September 27, 2018