in News Departments > Policy Watch
print the content item

The New York State Public Service Commission (PSC) has authorized the New York State Energy Research and Development Authority (NYSERDA) to increase the maximum incentive amount for its on-site wind energy program from the current $400,000 to $1 million per installation.

The on-site wind energy program has been a part of the state's renewable portfolio standard since 2004. In 2011, the PSC modified the equipment-size cap for on-site wind installations from 600 kW to 2 MW in order to be consistent with net-metering laws and to boost on-site wind program participation.

The PSC says it increased the funding cap in order to respond to market conditions and assist with the development and construction of these larger installations, the PSC says.

“Since the inception of New York’s renewable energy program, the customer-sited tier has been an important component in encouraging customers to install their own behind-the-meter renewable energy production systems,” says PSC Chairman Garry Brown. “Increasing the funding cap for on-site wind projects reflects the need to respond to market conditions in order to advance additional renewable energy projects.”



Trachte Inc._id1770
Latest Top Stories

Setting The Record Straight: How Many Birds Do Wind Turbines Really Kill?

Several peer-reviewed studies are more or less in agreement with avian mortality rates caused by wind turbines. However, one study, which is wildly off from the others, is most often cited in the media. Why?


Six Takeaways From The IRS' Start Of Construction Guidance: What You Need To Know

The IRS recently issued guidance to wind developers to further spell out what "start of construction" means. Will you be covered?


Eagle Take Permits For Wind Farms - Will They Fly?

Now that the U.S. Fish and Wildlife Service has issued the first permit allowing the legal take of eagles, can wind developers expect more certainty in the agency's application process?


Despite 2013 Challenges, U.S. Wind Power Reaches All-Time Low Price

In a new report, the U.S. Department of Energy details the highs and lows of the country's wind industry last year, and the agency maintains that the U.S. sector remains strong.


Mexico On Pace To Set New Renewables Investment Record

A new report says the country has spent $1.3 billion on clean energy in the first half of 2014 and could end up seeing a record year. Furthermore, wind power is slated for significant growth in the region.

Canwea_id1984
Renewable NRG_id1934
Tower Conference_id1965
UnitedEquip_id1995