A report in the Costa Contra Times, Walnut Creek, Calif., says the California Public Utilities Commission (CPUC) has temporarily suspended rebates for photovoltaic (PV) ystems installed on all government/non-profit owned projects because demand for the financial incentives has “has eaten away at the $1.7 billion set aside for rebates much more quickly than was planned.”
According to information on the CPUC website, the ruling puts a temporary hold, expected to last only until September, on the issuance of new solar reservations for Performance Based Incentive (PBI) projects and all government/non-profit owned projects received after July 9.