SOMAH Incentive Budget Report


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 November 4, 2024.

Table 1: Project Capacity and Budget

Waitlist Earmarked1 Pending Reservation2 Reserved3 Completed Application Totals4 Total Remaining5
Capacity
(MW)
Budget
($)
Capacity
(MW)
Budget
($)
Capacity
(MW)
Budget
($)
Capacity
(MW)
Budget
($)
Capacity
(MW)
Budget
($)
Capacity
(MW)
Budget
($)
Budget
($)
Budget
($)
PG&E Track A 0 0 0.937 2,999,415 0 0 0.233 460,844 0 0 1.170 3,460,259
Track B 0 0 0 0 6.122 13,557,367 31.595 63,275,060 9.938 19,750,806 47.655 96,583,233 270,763,888 170,720,396
Total 0 0 0.937 2,999,415 6.122 13,557,367 31.828 63,735,904 9.938 19,750,806 48.825 100,043,492
SCE Track A 0 0 0 0 0 0 0.492 1,287,907 0 0 0.492 1,287,907
Track B 0 0 0 0 2.550 5,572,961 15.405 33,597,065 11.885 23,426,624 29.840 62,596,650 337,783,742 273,899,185
Total 0 0 0 0 2.550 5,572,961 15.897 34,884,972 11.885 23,426,624 30.332 63,884,557
SDG&E Track A 0 0 1.177 3,765,090 0 0 0 0 0 0 1.177 3,765,090
Track B 0 0 0 0 3.444 7,486,844 6.482 13,309,634 3.734 7,398,915 13.660 28,195,393 92,638,062 60,677,579
Total 0 0 1.177 3,765,090 3.444 7,486,844 6.482 13,309,634 3.734 7,398,915 14.837 31,960,483
PacifiCorp Track A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 0 0
Track B 0 0 0 0 0 0 0 0 0 0 0 0 10,219,582 10,219,582
Total 0 0 0 0 0 0 0 0 0 0 0 0
Liberty Utilities Track A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 0 0
Track B 0 0 0 0 0 0 0.055 116,565 0 0 0.055 116,565 2,452,225 2,335,660
Total 0 0 0 0 0 0 0.055 116,565 0 0 0.055 116,565
TOTAL Track A 0 0 2.114 6,764,505 0 0 0.725 1,748,751 0 0 2.839 8,513,256
Track B 0 0 0 0 12.116 26,617,172 53.537 110,298,324 25.557 50,576,345 91.210 187,491,841 713,857,499 517,852,402
Total 0 0 2.114 6,764,505 12.116 26,617,172 54.262 112,047,075 25.557 50,576,345 94.049 196,005,097

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

2016 Budget1
($)
2017 Budget
($)
2018 Budget
($)
2019 Budget
($)
Under-Collections
True-up2 ($)
2020 Budget
($)
2021 Budget
($)
2022 Budget4
($)
2023 Budget
($)
2024 Budget
($)
Application Totals3
($)
Total Budget
($)
Remaining Budget
($)
PG&E 1,740,992 4,359,110 39,330,000 33,963,300 31,620,584 34,898,605 28,448,281 41,600,106 38,400,027 16,402,883 100,043,492 270,763,888 170,720,396
SCE 2,733,251 4,536,050 41,400,000 30,581,476 45,542,591 20,410,891 57,569,657 66,028,108 43,839,644 25,142,074 63,884,557 337,783,742 273,899,185
SDG&E 0 0 9,270,000 9,104,076 11,343,785 10,294,957 9,831,156 17,308,193 13,454,945 12,030,950 31,960,483 92,638,062 60,677,579
PacifiCorp 422,443 961,291 1,009,512 1,150,528 0 1,177,394 1,090,332 1,512,862 1,606,391 1,288,829 0 10,219,582 10,219,582
Liberty Utilities 132,440 258,329 314,706 419,517 0 326,327 300,128 401,608 299,170 TBD 116,565 2,452,225 2,335,660
TOTAL 5,029,126 10,114,780 91,324,218 75,218,897 88,506,960 67,108,174 97,239,554 126,850,877 97,600,177 54,864,736 196,005,097 713,857,499 517,852,402

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.

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