In a key decision that will make clean energy more affordable and accessible to even more people across the state, the New York Public Service Commission (PSC) has announced new rules allowing for community net metering (CNM). The PSC’s innovative Shared Renewables Program, which will be launched later this year, is expected to especially benefit low and moderate-income families in New York.
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New York’s aggressive efforts to expand its clean energy economy are continuing to produce impressive results, with the state ranking third in the nation in new solar capacity during the first quarter of 2015. New York trailed only California and Nevada in Q1, according to the recently released U.S. Solar Market Insight Report compiled by GTM Research and the Solar Energy Industries Association (SEIA).
Calling it a “key step” in New York’s ongoing efforts to expand the use of clean solar energy statewide, the Solar Energy Industries Association (SEIA) is predicting that this week’s launch of the NY-Sun Commercial/Industrial MW Block Incentive Program will help to create hundreds of new jobs and spur economic development statewide.
Cutting costs has been the key to solar’s rapid expansion this decade. The lion’s share of cost reductions in the solar industry has come from reductions in module prices. The $4 per watt you’d have paid in 2006 for modules alone gets you the entire residential solar system installed today.
New York Gov. Andrew Cuomo today signed into law the state’s 2015-2016 fiscal year budget, which includes a sales tax exemption on electricity generated and sold from customer-sited solar systems.
WASHINGTON, DC - Growing by 105 percent, New York had the seventh most new solar capacity added last year in the nation, according to the recently-released U.S. Solar Market Insight 2014 Year in Review. The state also maintained its Top 10 ranking in total installed capacity, finishing the year behind only New Jersey and Massachusetts among Northeastern states.
WASHINGTON, DC - In a move that’s expected to increase the use of solar hot water systems across New York, the state’s Energy Research and Development Authority (NYSERDA) is expanding its Solar Hot Water Program statewide to include projects that displace hot water produced by heating oil, natural gas, propane and wood, as well as projects that displace electricity. After the announcement was made today, Rhone Resch, president and CEO of the Solar Energy Industries Association (SEIA), which strongly supported the expansion, applauded Gov.
In another step forward for clean, renewable solar energy, the New York Public Service Commission (PSC) has approved raising the net energy metering (NEM) cap from 3 percent to 6 percent for all utilities. At the same meeting, the PSC announced plans to advance Community Shared Renewables, an innovative concept that could enable renters and millions of other New York energy consumers to go solar for the first time.
WASHINGTON, DC - Calling it an “important step forward,” the Solar Energy Industries Association (SEIA) is applauding a new initiative announced by New York City Mayor Bill de Blasio to install more than 6,000 kilowatts (kW) of solar power on public schools across the city.
Saying it will help consumers and support continued investment in residential and commercial solar, the Solar Energy Industries Association (SEIA) and the New York Solar Energy Industries Association (NYSEIA) today commended the New York State legislature for passing a property tax exemption extension. The bill, which will now be sent to Gov. Cuomo for signature, extends the property tax exemption for distributed generation systems on homes and businesses until 2025.