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Number of Tons Designed and Verified Cooling Load Shift 0.7 kW / ton Conversion Factor Total Project Cost ($) Project Cost $875 PLS Incentive kW 50 percent Project Cost Cap Calculated Incentive ($) Lesser of the Calculated Incentive or Verified Project Cost Incentive Calculated Incentive Project Cost Incentive ($) Verified Project Cost Incentive Photo courtesy of DN Tanks Estimating your incentive PG&E will verify your cooling load shift and convert it from tonnage to kilowatts (kW). The conversion formula for water-cooled chillers is 0.7 kW per ton. The conversion formula for air-cooled chillers is 1.2 kW per ton. You may earn incentives of up to $875 per kilowatt of shifted load. The incentive will be the lesser of the calculated incentive or 50 percent of the total verified project cost. Incentive payment is capped at $1.5M per customer. The incentive is based on your designed and verified cooling load shift during the feasibility study review and post-installation inspection. This calculation will apply to both full and partial storage systems. Example calculation: XX= X= Eligibility requirements To qualify for this incentive your business must: • Be enrolled in Bundled Service, Direct Access, or Community Choice Aggregation • Be billed on a Time-of-Use (TOU) rate schedule for the duration of the monitoring period (5 years) •UseaPG&ESmartMeterTM orintervalmeter Equipment requirements You must install new Thermal Energy Storage equipment that comes with a five-year warranty that provides for replacement of equipment in the case of manufacturer defects or breakdown.* Qualifying Thermal Energy Storage systems must be: • Commercially available with a proven track record and compliant with all applicable building codes • Designed with the capacity to shift cooling load to off-peak periods • Fully automated and integrated with the facility’s onsite cooling system Next Steps To learn more about Permanent Load Shifting and the Thermal Energy Storage Program, contact your PG&E account manager, email PLS-TES@pge.com or leave a message at the PLS-TES Helpline at 1-855-350-2040. You can also go to pge.com/tes *PG&E may make an exception for refurbished inoperable Thermal Energy Storage tanks. The PLS-TES Incentive program is accepting applications until December 31, 2017, or until funding is depleted, whichever comes first. This fact sheet is meant to be an aid to understanding PG&E’s PLS-TES Program. It does not replace information contained in the CPUC-approved Decisions or tariffs. Please refer to the individual rate schedule available at pge.com/tariffs or the PLS-TES Program Application Agreement for a complete list of terms and conditions of service. Information in this document may be superseded at any time, without prior notification. “PG&E” refers to Pacific Gas and Electric Company, a subsidiary of PG&E Corporation. ©2017 Pacific Gas and Electric Company. All rights reserved. These offerings are funded by California utility customers and administered by PG&E under the auspices of the California Public Utilities Commission. February 2017 CDR-0217-7943PDF Image | Thermal Energy Storage Program
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