A proposed battery rebate in Riverside, California, would offer a financial incentive for homeowners that could lower the cost of buying and setting up the technology.
If approved by the City Council, the $5 million program would offer rebates of up to $17,000 for qualifying households, with additional support targeted to lower-income customers.
What happened?
According to the Raincross Gazette, Riverside’s Board of Public Utilities unanimously backed the rebate plan, and the proposal will now go to the City Council for a final decision.
The funding would come from the utility’s Public Benefits Cash Reserves, and the rebate would be the first initiative launched under the city’s wider $34 million Public Benefits Fund spending plan…