The Capstone microturbines are eligible for an incentive through
the “Self-Generation Incentive Program (SGIP). Solana Energy is responsible for securing this
incentive for the benefit of the project owner, New Leaf BioFuel.
Application for SGIP incentive will follow execution of the project contract. Steps in the process include:
SGIP
Application – Completed immediately following execution of
contract with prime contractor.
SGIP
Application fee – Advanced by Solana Energy upon execution of
subcontract with prime contractor.
Project
post-installation inspection -- CSE
Pre-Installation
Award – 50% of the incentive amount is awarded upon
post-installation inspection.
Balance of
incentive award – The remaining 50% of the incentive is awarded in
increments of 10% per year for five years, based on unit
performance.
