NYS launches statewide solar for all program: How does it work? - FingerLakes1.com
NYS launches statewide solar for all program: How does it work? | Fingerlakes1.com
Governor Kathy Hochul announced the New York State Public Service Commission’s (PSC) adoption of the Statewide Solar for All program, designed to increase solar and energy storage projects. This initiative aims to provide clean energy savings to low-income households through investor-owned utilities.
Governor Hochul highlighted the program’s benefits, stating, “The Statewide Solar for All program will generate significant benefits for our health, our environment, our economy, and for the thousands of New Yorkers who will see lower electric bills.” PSC Chair Rory M. Christian added that the program would reduce solar power installation costs and increase community solar access for low-income residents.
The program, combining the Energy Affordability Program (EAP) and community solar, will initially provide electric bill credits to EAP customers in disadvantaged communities. Ultimately, it aims to deliver $40 in annual bill credits to over 800,000 households. The PSC also improved the Community Distributed Generation (CDG) program, allowing more flexible savings rates for subscribers, further expanding access to solar benefits across New York.
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Related Knowledge Center: ENERGY BASICS: solar
Declining costs and government encouragement have resulted in a rapid increase in solar energy production in the United States over the past 10 years, although solar’s share remains small: 1.6 percent of all electricity generation in 2018. That rapid growth is projected to continue.