Hodgson Russ
New York State Public Service Commission Solar Incentive Expansion
Pages
3
Time to read
6 mins
Publication
Language
English
Pages
3
Time to read
6 mins
Publication
Language
English
This document is a report detailing the New York State Public Service Commission's (PSC) Order issued on May 14, 2020, which extends and expands the NY-Sun distributed solar incentive program. The PSC's decision largely adopts a petition from the New York State Energy Research and Development Authority (NYSERDA) and aims to facilitate the installation of six gigawatts of distributed solar by 2025, as mandated by the Climate Leadership and Community Protection Act. The report outlines the allocation of $573 million in funding for the NY-Sun program, including $111 million for the Community Adder, which incentivizes Community Distributed Generation (CDG) projects. Additionally, the PSC's Order updates remote net-metering rules to allow participation from multiple nonresidential customers, addressing previous limitations. The report highlights the significance of these changes for the solar industry in New York, especially in the context of economic challenges posed by the COVID-19 pandemic. The PSC's actions are intended to provide long-term certainty and support for the solar sector's recovery.