New York Moves to Properly Reward Clean, Distributed Energy
EDF statement from Rory Christian, Director, New York Clean Energy
(NEW YORK, NY – March 9, 2017) The New York Public Service Commission today 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
One of the world’s leading international nonprofit organizations, Environmental Defense Fund (edf.org) creates transformational solutions to the most serious environmental problems. To do so, EDF links science, economics, law, and innovative private-sector partnerships. With more than 3 million members and offices in the United States, China, Mexico, Indonesia and the European Union, EDF’s scientists, economists, attorneys and policy experts are working in 28 countries to turn our solutions into action. Connect with us on Twitter @EnvDefenseFund
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