Working file · 12 Aug 2026 · not an offer

One river farm. One patented fan. One electric fleet.

Watermark Farms (411 acres, Yolo, $4.93M ask), Original Backyard Breeze (US 7,422,163), and Sierra Waves. This site is the grant map, plan options, and capital stack — before anyone writes a check.

411 acWatermark Farms · A-P · river + DWSC launch
$4.93MAsk · $12k/ac · on market ~4 years
$2,895Fan kit · patent expires ~13 Apr 2027
Do not buy firstSite-use + product GTM, then option
Honest headline on utilities

SMUD and PG&E will not cut a rebate check for a patio mister.

Their 2026 catalogs pay for heat pumps, panels, and appliances — not outdoor fog. The real money on this file is habitat, ag water, easements, and a river partnership. CEC EPIC is R&D, not a product rebate.

Fan · low

SMUD

Sac / Folsom / Carmichael customers. Up to $3,000 heat-pump HVAC. No evaporative-patio SKU. Custom commercial EE only if you can meter kWh vs compressor AC.

Land · med

PG&E

Likely utility on the Yolo parcel (west of the river). Ag pump efficiency, business custom EE, SGIP batteries, demand response. Golden State Rebates = heat pumps, not misters.

R&D · stretch

CEC EPIC

$130M+/yr ratepayer R&D. EPIC 5 runs 2026–2030. Fit only if the fan grows a pre-commercial layer (smart DR, water-energy). The 2008 product as sold is not an EPIC project.

Two different “EPICs”

Do not confuse the grant with the partner.

CEC EPIC is the Electric Program Investment Charge — CPUC/CEC/IOU R&D. Cal EPIC (Orville Thomas, Rivian training warehouse, Katie Valenzuela Sac River electric-boat showcase) is a Sierra Waves partner, not a check-writing program. Both belong on this file. They are not the same thing.

Where the property actually scores: NRCS EQIP / ACEP wetland, Yolo HCP/NCCP, conservation or mitigation banking, CDFA SWEEP & Healthy Soils on the farmed acres, Carl Moyer / Sac Metro AQMD on the boats, ChargeBoat / CEC clean-transport at the launch.

See every program scored →
Recommended combo

Ship the fan. Rent the dock. Study the habitat. Do not close on 411 acres.

A · Product GTM

Praxis runs ads + new site. Brian sells/installs. $2,895 kit. Patent clock ~8 months.

B · River site-use

Sierra Waves operates electric days from the west launch + lake. Brian keeps title. Option on a pad.

D · Habitat study

Parallel, not the close: Yolo HCP, EQIP, whether a bank or easement is real. Years, not weeks.

Business plan options Projections Capital stack Pitch deck