February 13, 2020. Southern California Gas Co. (SoCalGas) announced support for the California Public Utilities Commission (CPUC) new Incentive Reservation System for the CPUC biomethane monetary incentive program. The reservation system will help increase transparency about available incentive funding for biomethane interconnection projects in the state. Currently, there is about $32 million in funding available through the incentive program. This money is available for eligible projects on a “first come, first served” basis through December 31, 2026 or until the money runs out, whichever occurs first.
The new reservation system is an important step to give biomethane developers certainty the money they applied for will be there at the end of the project. Another benefit of the reservation system is that it can help spur additional interconnection projects.
“SoCalGas commends the CPUC for establishing an incentive reservation system,” said Sharon Tomkins, vice president of strategy and engagement and chief environmental officer for SoCalGas. “It is my hope that state policymakers will realize the increased demand for renewable natural gas projects and make additional incentive funding available for many years to come.”