HomeMy WebLinkAbout9, SB-1 Revising the Rebate AmountAction Item # 9
Consideration to Revise the
Annual Solar Rebate Schedule
for the SB= I Program
November 6, 2013
Background / History
• SB-1 established minimum rebate amount
• Must reduce by a minimum of 7% per year
• Board approved the SB-1 program in 2007
• Board set rebate to reduce by 10% a year in 2009
• Review of the SB-1 Solar program, October 16, 2013
2
New Information
• Board requested this item to return to the Board for
reconsideration
• Board packet includes a table reflecting the 10% and 7%
reduction schedule
• State has yet to address the disposition of any remaining
funds at the end of 2017
3
Fiscal Impact
The SB-1 customer charge was set by the Board in 2007
There is no proposed change to customer charge
Customer Charge
Residential $0.60 / month
Small Commercial $5.00 / month
Medium Commercial $10.00 / month
Large Commercial $15.00 / month
There is no fiscal impact to the District associated with this
item at this time
5
Recommendation
• Revise the rebate per watt amount to decrease by 7%
annually for the remaining years of the program beginning
in 2014
a
$2.66
$7,980
$13,300
$2.39
$7,170
$11,950
$2.15
$6,450
$10,750
$1.94
$5,820
$9,700
$2.74
$8,220
$13,700
$2.55
$7,650
$12,750
$2.37
$7,110
$11,850
$2.21
$6,630
$11,050
$2.66/$2.74
$240
$400
$2.30/$2.55
$480
$800
$2.15/$2.37
$660
$1,100
$1.94/$2.21
$810
$1,350
E.