Looking at the wording of the SGIP 2019 handbook, section 2.3.6
2.3.6 Wait List and Program ClosureDoes this mean everyone on Step 5 (the final step) wait-list will be funded without going through the lottery next year when the SB700 money becomes available; and after all the wait-list projects have been funded, they'll go back to the lottery system (Section 2.1)?
Once funds have been fully allocated in the final incentive step of a Program Administrator’s given budget, applications will be placed on a wait list to be funded as incentive funds become available throughout the remainder of the program. When there is enough attrition to fund wait-listed projects, wait listed projects will be assigned an incentive rate in the last step and reviewed in the order in which they were submitted. In the event that there are available funds and all wait-listed projects have been allocated funding, new applications will be subject to normal program procedures specified in Section 2.1. Program Administrators may continue accepting new applications until all incentive funds have been fully paid or until December 31, 2020, whichever comes first.
If this is true, finding someone who will do an 2PW install for about $22k will end up paying under $10k for two ($22k - $6.6 ITC - $5,800 SGIP) .
That would be assuming that they ever get through the waitlist, right? That "all waitlisted projects have been funded" thing probably is never happening.