Table 1: Project Capacity and Budget summarizes the committed and remaining budget for the SOMAH program authorized by AB 693. Track A provides incentives for projects that require Upfront Technical Assistance. Track B provides incentives for projects that do not require technical assistance and have identified an eligible contractor for the project. Projects under Track A will have their incentive funds earmarked for a three-month period prior to a Reservation Request.

Table 2: Cumulative Program Budget summarizes the program dollars collected to data, by fiscal year, and identifies application totals and available program funds. Any unused funds in one program year will roll over to become available in the next program year.

SOMAH data is current as of May 13, 2024.

Table 1: Project Capacity and Budget

¹ Projects that select Track A will have their incentive funding earmarked (upon Upfront Technical Assistance Approved) for a three-month period prior to a Reservation Request.
² Projects that have submitted a Reservation Request but have not yet received Reservation Approval are considered to be Pending Reservation. Excludes Earmarked capacity and funds (projects
that have not yet submitted a Reservation Request).
³Projects that have received Reservation Approval will have their funds reserved for 18 months.
⁴Application Totals include capacity and budget values for Earmarked, Pending Reservation, Reserved, and Completed projects.
⁵The SOMAH PA may maintain a small buffer in each territory’s budget in order to accommodate potential incentive fluctuations in an application which may be spurred by IOU data request results, future load additions, solar sizing tool recommendations, or other reasons.

Table 2: Cumulative Program Budget⁵

¹Collections begin with the fiscal year that commences July 1 and end with the fiscal year ending June 30 of the following year.
²Investor Owned Utilities were directed to set aside additional funding in their 2020 Energy Resource Recovery Account (ERRA) and Energy Cost Adjustment Clause (ECAC) proceedings to make up for under-collections in the 2016-2019 program years.
³Application Totals include capacity and budget values for Earmarked, Pending Reservation, Reserved, and Completed projects.
⁴Decision (D.) 22-09-009 amended D.17-12-022, for the SOMAH forecast budgeting process. Each IOU can propose to set aside their proportionate share of $100 million for SOMAH, if they adequately show that the IOUs' collective revenue will exceed $100 million. The SOMAH PA releases funds based on the IOUs’ set-asides, then true-up the final three months of the year once the IOUs submit their Joint Advice Letter. 2022 figures will be amended through a true-up in 2023.
⁵SOMAH is funded using a percentage of the proceeds from the sale of greenhouse gas allowances allocated to PG&E, SDG&E, SCE, Liberty Utilities and PacifiCorp and forecasted through their ERRA and ECAC filings. Funds are released for the program after they are transferred to the respective IOUs’ balancing accounts for the applicable collection year. The IOUs have varying cadences of funding release (quarterly vs. annually) and include true-ups for prior years in the annual collections amount. As a result, there may be a negative value displayed in Table 2 depending on cadence and values that are released for each territory. Collections are authorized for the program through June 30, 2026 with funding available through the life of the program, December 31, 2032.