BILL ANALYSIS
AB 1383
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Date of Hearing: May 18, 2005
ASSEMBLY COMMITTEE ON APPROPRIATIONS
Judy Chu, Chair
AB 1383 (Pavley) - As Amended: May 16, 2005
Policy Committee: HousingVote:5-1
Utilities 7-3
Urgency: No State Mandated Local Program:
Yes Reimbursable: No
SUMMARY
This bill increases the maximum allowable rebate for
installation of solar energy systems in affordable housing
projects from 75% to 100% of installed costs.
FISCAL EFFECT
Based on an average solar energy rebate amount to date of about
$11,300 (at 75%), increasing the rebate to 100% would increase
the average grant by about $3,800. To maintain current grant
volume, total funding for affordable housing rebates would have
to increase by $620,000 per year or, at the same level of
funding, the number of grants would decline by 25%.
COMMENTS
Purpose . The author wishes to reduce the development costs of
affordable housing projects that utilize solar energy systems by
allowing state rebates to cover 100% of project costs. The
California Energy Commission (CEC) administers programs to
provide rebates to consumers who install qualifying renewable
energy systems, including solar systems, on their homes.
Qualifying affordable housing projects can obtain an additional
rebate above the standard rebate, but not to exceed 75% of the
system cost.
Since March, 2003, the CEC has approved 327 affordable housing
rebate requests representing 765 kW of potential electricity
production. If all of the projects are completed the CEC will
pay out approximately $3.7 million in rebates to affordable
housing projects. The solar energy rebate program is heavily
AB 1383
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oversubscribed, and in order to better meet demand, the CEC has
had to transfer funds from other renewable programs.
Analysis Prepared by : Chuck Nicol / APPR. / (916) 319-2081