California Sets Incentives For Solar Water Heaters
Author: Poornima Gupta
SAN FRANCISCO - California is looking to boost the solar water heater market and make the heating systems -- which mostly run on natural gas or electricity -- green.
The California Public Utilities Commission said on Thursday it has established an incentive to promote the installation of solar water heating systems in new and existing homes and businesses.
The incentives range as high as $1,500, depending on the system, and the program is set up to run for 8 years or until the program funds are exhausted.
"The dispersion of solar heating systems can play an important role as we strive to achieve the goal of zero net energy in residential and commercial buildings by 2020 and 2030 respectively," CPUC Commissioner Dian Grueneich said in a statement.
The commission said 40 percent of the $350 million incentive budget is reserved for single-family residential systems, and 60 percent for commercial and multifamily systems.
The program will be available to those currently being served by PG&E Corp's Pacific Gas and Electric Co, Edison International's Southern California Edison, and Sempra Energy's San Diego Gas & Electric Co and Southern California Gas Co utilities.
(Editing by Phil Berlowitz)