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PROCEDURE FOR CALCULATING THE CALIFORNIA SOLAR INCENTIVE REBATE   229


               are capped to a maximum of 180 calendar days. Written time extension requests must
               explicitly highlight circumstances that were beyond the control of the reservation
               holder such as the permitting process, manufacturing delays and extended delivery of
               PV modules or critical equipment, and acts of nature. All correspondence associated
               with the delay must be transmitted with the letter.


               Incentive Payments


               Upon completion of final field acceptance and submission of the earlier referenced
               documents, for EPBB projects the program administrator will within a period of
               30 days issue complete payment. For PBI programs the first incentive payment is
               commenced and issued within 30 days of the first scheduled performance reading
               from the wattmeter. All payments are made to the host customer or the designated
               agent.
                  In some instances a host could request the administrator to assign the all payments
               to a third party. For payment reassignment the host must complete a special set of
               forms provided by the administrator.
                  The EPBB one-time lump-sum payment calculation is based on the following formula:

                  EPBB incentive payment = Final CSI system size × Reserved EPBB incentive rate

                  PBI payments for PV systems of 100 kW or greater are made on a monthly basis
               over a period of 5 years. Payment is based on the actual electric energy output of the
               photovoltaic system. If chosen by the owner, systems less than 100 kW could also be
               paid on the PBI incentive basis.
                  The PBI payment calculation is based on the following formula:

                  Monthly PBI incentive payment = Reserved incentive rate × Measured kWh output

                  In the event of a change in the PV system, the original reservation request forms
               must be updated and the incentive amount recalculated. Figure 8.4 depicts CSI
               Performance Based Initiative (PBI) and Figure 8.5 is CSI Estimated Performance-
               Based Buydown Initiative rebate structures.

               An Example of the Procedure for

               Calculating the California Solar

               Incentive Rebate


               The following example is provided to assist the reader with details of CSI reservation
               calculation requirements. To apply for reservation, all of reservation forms along with
               project site information and solar power projected performance calculations must be
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