Published By: Power Enterprise
Incentive Tracker
As of October 31, 2008
For November 2008, the new, improved GoSolarSF Incentive Tracker shows summary statistics on the incentive budget, as well as detailed statistics on numbers and types of projects applying for incentives in the residential, business and non-profit sectors.
Budget Summary
Having resolved two lingering insurance and payment questions in September, the GoSolarSF team spent October processing applications. Checks for two projects were disbursed. In November, a much larger number of payments will be made.
| Month & Year | Incentive budget1 | Amount applied for | Total reserved | Total paid | ||||||
| Residential | Business | Non-Profit | Total by Month | Cumulative | By month | Cumulative | By Month | Cumulative | ||
| Jul-08 | $2,850,000 | $130,000 | $13,603 | $0 | $143, 603 | $143,603 | $0 | $0 | $0 | $0 |
| Aug-08 | $2,706,398 | $404,000 | $32,196 | $20,000 | $456,196 | $599,799 | $75,000 | $75,000 | $0 | $0 |
| Sep-08 | $2,250,202 | $247,000 | $20,000 | $17,738 | $284,738 | $884,536 | $0 | $75,000 | $0 | $0 |
| Oct-08 | $1,965,464 | $339,000 | $4,620 | $0 | $343,620 | $1,228,156 | $643,326 | $718,326 | $7,000 | $7,000 |
| Nov-08 | $1,621,844 | |||||||||
1GoSolarSF has a total budget of $3 million of which $150,000 is allocated for administration, leaving $2,850,000 for incentives.
Residential projects
Summary
By the end of October, the GoSolarSF team had caught up on about half of the applications that had built up in August and September: $660,000 of incentives reserved out of $1.1 million applied for.
| Month & year | Number of Applications | Total incentives sought | Total kw | Total incentives reserved | Total paid | |||||
| Monthly | Cumulative | Monthly | Cumulative | Monthly | Cumulative | Monthly | Cumulative | Monthly | Cumulative | |
| Jul-08 | 26 | 26 | $130,000 | $130,000 | 75 | 75 | $0 | $0 | $0 | $0 |
| Aug-08 | 70 | 96 | $404,000 | $534,000 | 163 | 237 | $65,000 | $65,000 | $0 | $0 |
| Sep-08 | 42 | 138 | $247,000 | $781,000 | 105 | 343 | $0 | $65,000 | $0 | $0 |
| Oct-08 | 57 | 195 | $339,000 | $1,120,000 | 139 | 482 | $595,000 | $660,987 | $7,000 | $7,000 |
Number of applications by incentive type
With the Workforce Development certification now on stream, the majority of incentive applications are for that incentive level.
| Month & year | Basic | City Installer | Env Justice | Workforce Devt | Low-income | |||||
| Monthly | Cumulative | Monthly | Cumulative | Monthly | Cumulative | Monthly | Cumulative | Monthly | Cumulative | |
| Jul-08 | 5 | 5 | 8 | 8 | 5 | 5 | 8 | 8 | 2 | 2 |
| Aug-08 | 12 | 17 | 1 | 9 | 3 | 8 | 54 | 62 | 5 | 7 |
| Sep-08 | 2 | 19 | 2 | 11 | 0 | 8 | 38 | 100 | 1 | 8 |
| Oct-08 | 9 | 28 | 0 | 11 | 1 | 9 | 47 | 147 | 5 | 13 |
Amount applied for by incentive type
| Month & year | Basic | City Installer | Env Justice | Workforce Devt | Low-income | |||||
| Monthly | Cumulative | Monthly | Cumulative | Monthly | Cumulative | Monthly | Cumulative | Monthly | Cumulative | |
| Jul-08 | $15,000 | $15,000 | $32,000 | $32,000 | $25,000 | $25,000 | $48,000 | $48,000 | $10,000 | $10,000 |
| Aug-08 | $36,000 | $51,000 | $4,000 | $36,000 | $15,000 | $40,000 | $324,000 | $372,000 | $25,000 | $35,000 |
| Sep-08 | $6,000 | $57,000 | $8,000 | $44,000 | $0 | $40,000 | $228,000 | $600,000 | $5,000 | $40,000 |
| Oct-08 | $27,000 | $84,000 | $0 | $44,000 | $5,000 | $45,000 | $282,000 | $882,000 | $25,000 | $65,000 |
Business projects
| Month & year | Number of applications | Total incentives sought | Total kW | Total incentives reserved | Total paid | |||||
| Monthly | Cumulative | Monthly | Cumulative | Monthly | Cumulative | Monthly | Cumulative | Monthly | Cumulative | |
| Jul-08 | 2 | 2 | $13,603 | $13,603 | 21 | 21 | $0 | $0 | $0 | $0 |
| Aug-08 | 4 | 6 | $32,196 | $45,799 | 136 | 157 | $10,000 | $10,000 | $0 | $0 |
| Sep-08 | 2 | 8 | $20,000 | $65,799 | 118 | 275 | $3,603 | $10,000 | $0 | $0 |
| Oct-08 | 1 | 9 | $4,620 | $70,419 | 3 | 278 | $0 | $13,603 | $0 | $0 |
Non-profit projects
| Month & year | Number of applications | Total incentives sought | Total kW | Total incentives reserved | Total paid | |||||
| Monthly | Cumulative | Monthly | Cumulative | Monthly | Cumulative | Monthly | Cumulative | Monthly | Cumulative | |
| Jul-08 | 0 | 0 | $0 | $0 | 0 | 0 | $0 | $0 | $0 | $0 |
| Aug-08 | 2 | 2 | $20,000 | $20,000 | 29 | 29 | $0 | $0 | $0 | $0 |
| Sep-08 | 1 | 3 | $17,738 | $37,738 | 12 | 41 | $0 | $0 | $0 | $0 |
| Oct-08 | 0 | 3 | $0 | $37,738 | 0 | 41 | $43,736 | $43,736 | $0 | $0 |
