Tag Archives: new york

New York State’s solar incentives are some of the best in the country

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These days, virtually every state in the USA has some kind of support program for rooftop solar energy systems. But you’re especially fortunate if you’re planning on going solar in New York State: your state has some of the most ambitious solar incentives in the country. Thanks to these incentives, solar has become a very attractive investment in New York. What are New York State’s solar incentives and how can you take advantage of them

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4.5 kw solar system

How much does a 4,500 watt (4.5 kW) solar system cost in 2020?

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For many households in the United States, a 4.5 kW solar system is the right size to significantly cut electricity costs. Want to know the best way to ensure you’re getting the right price for your solar panel installation and maximizing your long-term savings? Compare your solar quotes with the prices that other solar shoppers paid for their 4.5 kW solar systems near you. Learn more about the cost of a 4.5 kW solar system, how much electricity your 4.5 kW system can produce, and what the smartest way is to shop for solar.

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3.5 kw solar system

What does a 3,500 Watt (3.5kW) solar system cost in the U.S. in 2019?

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3.5 kW solar systems (or 3,500 watts) are the average consumption size for smaller households. When you decide to invest in home solar panels, the cost to install the system on your roof is one of the biggest factors determining your long-term solar savings. Want to know the best way to ensure you’re getting a good deal? Compare your solar quotes with the prices that other solar shoppers paid for solar systems in your neighborhood. Learn more about the cost of 3.5 kW solar systems, how much electricity they can produce, and what the smartest way is to shop for solar. 

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5kw solar energy system

What does a 5,000 watt (5 kW) solar system cost in the U.S. in 2020?

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5 kW solar systems are near the average size for solar panel installations in the United States, so for those wondering how much solar will cost to install, looking at some price data for 5,000 watts of power is a good place to start. Prices will vary based on the size of your system, the type of equipment you choose, and the state that you live in. Learn more about how much solar panels cost, how much electricity a 5kW system can produce, and the smartest way to shop for solar. 

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Solar Energy News: Brooklyn Canopy Startup Drives Solar Growth in NYC, China to Dethrone Germany as # 1 Solar Nation, Californians Get $192 Million in Grid Benefits Thanks to Rooftop Solar

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parking lot solar canopy

Three words to describe this week in solar for all of you solar savvy stakeholders out there: Innovation. Adoption. Momentum. Enough said. SolarWorld’s installer training partnership with SEI, solar growth in New York City thanks to a solar canopy startup and the projection that China will overtake Germany as the world’s top solar nation are the key headlines from this week’s Solar Energy News report.

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How to Claim New York’s Solar Tax Credit Under Lease or PPA

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With endless reasons to go solar in New York, many homeowners are enjoying the luxury that is the New York State Solar Tax Credit and you should too. In this article, we break down everything you need to know about tax incentives in NY.

New York State’s Solar Equipment Tax Credit is one of a suite of generous tax incentives and rebates for solar panels available in New York State. It is an incredibly generous and flexible incentive, saving you up to $5,000, depending on how much you spend on solar. How and when can you claim the credit if you go solar under a solar lease or power purchase agreement (PPA)? Learn more in this article about solar energy in New York and the tax incentives you can take advantage of.

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Solar Energy News: Prince an Unknown Solar Energy Investor, Germany Generates 90% of Power with Renewables, SolarCity Launches New Loan Product

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prince solar investor

Adoption of renewable energy technologies has exploded across the world in recent months, and thanks to the bright summer sun at our doorstep, solar growth shows no sign of stopping. News of Prince’s solar energy advocacy, SolarCity’s newest loan product and 90 percent renewable energy generation in Germany are the headlines we’re reading in this week’s Solar Energy News report.

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New York’s Third Industrial Revolution: State puts focus on distributed energy with Reforming the Energy Vision initiative

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new york solar

New York is aiming to fundamentally reshape the way electricity is generated, distributed and marketed in the state. Under Governor Andrew Cuomo, the state government has set out to answer the pressing question of how to bring the state’s electricity system into the 21st century. The Reforming the Energy Vision (REV) initiative is a decision-making process whose proceedings will ultimately result in the overhaul the state’s retail electricity markets – while also finding ways to better integrate renewables and energy efficiency into the system

NY-REV-Future-of-Energy
Image via ILSR

The New York Public Services Commission (PSC) determined that the REV program was needed in order to address several developing issues with the state’s electricity system. The issues REV aims to address can be divided into 3 categories:

1. New York’s electricity system is inefficient and in dire need of updating

New Yorkers currently have some of the highest retail electricity prices in the country, and a big part of what they pay for is maintenance of aging infrastructure. The electricity system is expensive to maintain and only operates at about 54% of its capacity most of the year – running at 100% capacity only a few days a year when the weather is hot and thousands of AC units are pumping simultaneously. If nothing changes, ratepayers in the state will collectively fork over another $30 billion over the next 10 years just to keep the status quo. REV will help New York to build something better – ‘the grid of the future’.

2. Current energy efficiency and renewable energy programs are still ad hoc solutions

At the moment, New York’s programs which support energy efficiency and renewable energy sources (like rooftop solar panels) add increase the bills of all electricity ratepayers (although only slightly). This is because they have been tacked on to the existing system instead of integrated into it. While the state’s programs (as well as those of local utilities) have done a lot to promote the uptake of solar power and energy efficiency, the PSC feels that renewables could be better incorporated into the system to maximize their natural advantages in order to save money for everyone.

3. Innovation and competition do not thrive in the current system

Regulations around electricity in New York State do not encourage utilities (the distribution companies) to do the things that would optimize value for consumers. These things include encouraging efficient use of electricity, integrating distributed energy resource, and allowing ‘third party applications’ (such as energy usage monitoring software) on the network.

How will REV seek address these issues?

The REV program is a complete rethinking of New York’s approach to generating, delivering and consuming electricity. At the core of the REV initiative are three things: renewables, distributed energy and market reform. The biggest question REV seeks to address is how to combine these things to deliver greater value to electricity consumers.

According to the PSC’s website:

This initiative will lead to regulatory changes that promote more efficient use of energy, deeper penetration of renewable energy resources such as wind and solar, wider deployment of “distributed” energy resources, such as micro grids, on-site power supplies, and storage. It will also promote greater use of advanced energy management products to enhance demand elasticity and efficiencies. These changes, in turn, will empower customers by allowing them more choice in how they manage and consume electric energy.

The PSC is soliciting public input on REV: Have your say about the future of New York’s electricity system

The opportunities and challenges presented by the REV process are enormous, and there are countless stakeholder who would like to have their say. Thankfully, REV’s approach is a collaborative one, and the PSC is welcoming input from people like you.

The current schedule for these public hearings can be found on the website of the Department of Public Services. However, you do not need to be present at any of these to provide input: you may also place submissions by email (secretary@dps.ny.gov), via phone (1-800-335-2120) or through snail mail (address below). Written submissions should reference “Case 14-M-0101 Reforming the Energy Vision”.

Hon. Kathleen H. Burgess, Secretary, Public Service Commission, Three Empire State Plaza, Albany, New York 12223-1350

As New York advocacy group Alliance for a Green Economy (AGREE New York), a collection of non-governmental groups, has pointed out, the fact that the PSC is inviting comment means that a range of voices needs to be heard. The voices of those with vested interests will almost certainly be the loudest, as they have the most to lose if reforms are brought in.

The group has prepared an informative briefing on the REV program, as well as a set of talking points surrounding what they see as the main principles that should be adhered to throughout the process.

What will the role of solar energy be after REV?

systems, as a type of distributed energy, will play a key role in the future of New York’s electricity infrastructure. Even before the introduction of REV, the state’s solar programs were amalgamated under the umbrella of the New York Sun program, whose goal is “stimulating the marketplace, so that costs associated with installing solar electric systems for residents and businesses are reduced”.

The long-term goal of the program is to foster a self-sustaining market for solar energy in the state that doesn’t rely heavily on government grants or other incentives to make solar cost-effective. Currently, NY Sun is doing this by supporting solarize campaigns in cities and towns across the state, and will soon introduce a strategy for supporting community-shared solar projects as well.

IS NOW A GOOD TIME TO GO SOLAR IN NEW YORK?

Exactly how NY Sun will be integrated whatever recommendations come of the REV proceedings remains to be seen, but the fact is that now is already a good time to go solar in New York State. Compare offerings on the market in the state now by shopping on EnergySage’s Solar Marketplace.

Utilities can no longer own small-scale solar energy in New York State. What does it mean for you?

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The New York Public Services Commission (PSC) has introduced measures to ensure that distributed energy technologies like rooftop solar panels remain affordable for all New Yorkers. As part of the state’s forward-thinking Reforming the Energy Vision (REV) initiative, state utilities will be barred from owning distributed generation equipment (such as your solar panel system). According to Governor Andrew Cuomo, the new rules will empower state residents to take control of their electricity usage – and reduce their power bills.

The key focus of the REV program is to bring New York’s electricity system into the modern era by improving network efficiency and introducing more renewable energy sources. As Governor Cuomo points out in the announcement of the new rule last month, New York’s approach to electricity infrastructure has undergone little change since the first grid was introduced in lower Manhattan back in 1884. “This state is in need of a modern and efficient energy system, and we are proud to take the steps to build a sustainable way to deliver energy to every home in New York,” he said.

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New York REV Initiative is Shaping the Future of Power

Reading Time: 2 minutesblog_solar in NYRenewable sources of energy are not only changing where we get our power from, but also how the fundamental economics of getting power work. This shift is creating challenges for utilities across the country, but New York is investigating using a system where utilities do a different job and it might be the next step towards making it easier to get solar panels in NYContinue reading