Innovative Solar Programs
Governor Cuomo’s NY-SUN Initiative
- $1 billion investment was made in 2014 to fund the expansion of solar throughout the state over ten years.
- Incentives are offered to reduce the installation costs for residential areas and small businesses.
- For households earning less than 80% of the area or State median income, incentives are doubled.
- The policy has a Clean Energy Standard that will require 50% of all electricity in New York to come from renewable energy.
- This initiative aims to achieve 3 gigawatts of installed solar capacity by 2023.
- Source: ny-sun.ny.gov
Connecticut’s Renewable Portfolio Standard
- This is a statewide public policy that mandates Connecticut utilities to supply 27% of their power with renewable energy by 2020.
- Utility companies are fighting solar and Connecticut’s Renewable Portfolio Standard forces utilities to move towards renewable, sustainable energy.
- Relies on a class based system to determine the quality of the renewable resources.
- Class I renewable resources are solar power, wind power, a fuel cell, geothermal, and hydropower and will account for 20% of the total 27% goal.
- Class II consists of energy that is derived from trash, or biomass. This accounts for 3% of the total aim.
- Class III consists of combined heat and power facilities with an efficiency rate of no less than 50%. This account for the remianing 4% of renewable sources.
- Source: www.ct.gov
North Carolina’s Renewable Energy and Energy Efficiency Portfolio Standard
- Signed on August 20, 2007 to make North Carolina the first state in the Southeast to adopt the Renewable Energy and Energy Efficiency Portfolio Standard.
- Investor-owned utilities in North Carolina are required to meet up to 12.5% of their energy needs through renewable or energy efficient resources.
- Rural and municipal electricity suppliers are required to meet 10% of their energy needs through renewable or energy efficient resources.
- Source: www.ncuc.commerce.state.nc.us