New York has a considerable amount of solar potential and has consistently been in the top 10 US solar markets. Pursuant to Governor Cuomo’s stated commitment to the NY-SUN initiative, the New York Public Service Commission (PSC) recently announced a 10-year $1 billion commitment to developing a self-sustaining solar market in New York State. The program will lead to 3000MW of PV installations across New York State by 2022. The state has other policies in place to promote solar investment, including a feed-in tariff through Long Island Power Authority (LIPA) and net metering. Through its Reforming the Energy Vision docket, the Commission reviewing the regulatory and market environment needed to encourage a more efficient electricity system, including increased amounts of distributed generation.
Facts on the New York Solar Industry
- There are currently more than 415 solar companies at work throughout the value chain in New York, employing 5,000.
- In 2013, New York installed 69 MW of solar electric capacity, ranking it 9th nationally.
- The 271 MW of solar energy currently installed in New York ranks the state 9th in the country in installed solar capacity. There is enough solar energy installed in the state to power 45,800 homes.
- In 2013, $343 million was invested in New York to install solar for home, business and utility use. This represents a 12% increase over the previous year, and is expected to grow again this year.
- Average installed residential and commercial photovoltaic system prices in New York have fallen by 8% in the last year. The price to install solar on homes and business has dropped steadily across the country — by 4% from last year and 37% from 2010.
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SEIA New York State Policy Priorities
- Promote a strong fiscal environment for solar, including maintaining support for solar incentive programs over the long-term, and promoting effective implementation of the declining block incentive programs, and clarifying questions around applicability of state and county sales tax.
- Through participation in the Reforming the Energy Vision docket and other arenas as appropriate, promote solar friendly policies in any future regulatory construct.
Ensure efficient implementation of net metering policies, including addressing net metering caps.
Notable Solar Installations in New York
- Long Island Solar Farm was completed in 2011 by developer BP Solar. This photovoltaic project has the capacity to generate 32 MW of electricity -- enough to power over 5,000 New York homes.
- At 5 MW, Eastern Long Island Solar Project is among the largest solar installations in New York. Completed in 2012 by EDF Renewables, this photovoltaic project has enough electric capacity to power more than 800 homes.
See our solar installations maps.
Solar Companies in New York
There are currently more than 415 solar companies at work throughout the value chain in New York. These companies provide a wide variety of solar products and services ranging from solar system installations to the manufacturing of components used in photovoltaic panels. These companies can be broken down across the following categories: 67 manufacturers, 25 manufacturing facilities, 156 contractor/installers, 32 project developers, 22 distributors and 138 engaged in other solar activities including financing, engineering and legal support.
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New York Solar Policy Resources
New York State Energy Research & Development Authority - Find a wide variety of information on state government energy programs, research, policy, projects, energy-saving strategies and energy-related statistics
New York State Public Service Commission - Learn about the governing body that regulates the electricity rates and services of New York public utilities
New York State Assembly - Track pending legislation affecting solar energy, locate and contact individual legislators, and stay up to date on current legislative issues in New York
DSIRE incentives database - New York - Search a public clearinghouse for specific solar energy incentives in New York and across the United States
U.S. Energy Information Administration - New York State Profile - Explore official energy statistics, including data on electricity supply and demand, from the U.S. government