BPU staff are proposing that the storage incentive program have separate market segments for front-of-the-meter and behind-the-meter storage, with a portion of distributed storage incentives set aside for projects that cater to overburdened communities. The incentive program would be technology neutral, and provide fixed annual incentives as well as performance-based incentives for both types of storage devices.
According to the proposal, the fixed incentives would comprise a minimum of 30% of the program’s total incentive payments, and be paid annually in dollars per kilowatt-hour of energy storage capacity.
