As the residential PV market continues to grow, it prompts new questions about the nature of competition between solar installers and how this competition, or lack thereof, affects the prices consumers pay. It is often assumed that more competition leads to lower prices, but this is not universally true.
California’s Clean Vehicle Rebate Project (CVRP), administered by CSE for the California Air Resources Board, provides rebates for purchasers and lessees of plug-in electric and fuel cell vehicles throughout the state. The CVRP distributed $114,641,650 in fiscal year (FY) 2014–2015 rebate funds to owners and lessees of 53,145 eligible vehicles in California. From project inception in 2010 through the end of FY 2014–2015 funding, CVRP issued or reserved nearly 123,000 rebates totaling over $260 million. This report summarizes the funding, implementation and outcomes of CVRP during FY 2014–2015.
From the program launch date, June 18, 2014, through June 30, 2016, the program reserved rebates for 2,242 new ZEVs, totaling $4,990,750. Figure 1 displays rebates by vehicle type for each program year as well as the cumulative program total.