New York Moves to Properly Reward Clean, Distributed Energy

The New York Public Service Commission announced an interim pricing plan for clean, distributed energy resources, such as rooftop solar and energy storage. The new plan aligns compensation for these clean power sources with the value they provide to the electric system. It will encourage continued growth in the state’s distributed energy market by providing a market-based pricing structure for large solar projects, and preserving net energy metering for rooftop solar and small wind.

“Everyone is set to benefit from this new plan. By harnessing the full potential of distributed energy resources, it creates more opportunities to improve the efficiency and reliability of New York’s electric system. This will help reduce the need for traditional electricity infrastructure and give customers greater control over their energy bills.”

  • Rory Christian, Director, New York Clean Energy, Environmental Defense Fund

 

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