Buy-down for Municipal Utilities [RE-wrenches]
Don Loweburg, Offline
i2p at aol.com
Mon Aug 26 17:16:35 PDT 2002
In a message dated 08/26/2002 1:04:39 PM Pacific Daylight Time,
michael.welch at homepower.com writes:
> There seems to be some misinformation regarding Buy down program and
> Publicly Owned Utilities (LADWP, SMUD Pasadena, Redding, Etc).
>
> Last year AB29X provided a one time funding allotment of $8 million for
> systems less than 10kW. As of 8/26/02 there is ~$7.5 remaining.
>
> The same rules for the Buydown apply, with the addition requirement of a
> letter from the utility stating that the project will not receive any
> funding from the municipal utility.
>
My guess is that the program is undersubscribed since many munis have their
own more attractive programs.
Suggestion, Move the $ over to the IOU program that is getting a bit thin.
Don Loweburg
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