The NYPA’s latest round of low-cost power allocations under ReCharge NY is expected to leverage an estimated $1.5B in capital investments. On December 16, 2014, New York Governor Andrew M. Cuomo announced that the New York Power Authority (NYPA) has approved the next round of low-cost power allocations under the 2011 ReCharge NY program. NYPA…
Governor Cuomo has announced the 2014 REDC awards including funding for sustainability projects under the Cleaner, Greener Communities initiative. On December 12, 2014, New York Governor Andrew M. Cuomo awarded $709.2M for 852 statewide economic and community development projects through the Regional Economic Development Council’s (REDC) fourth round of funding. Established in 2011, the REDC…
Governor Cuomo has announced five initiatives consistent with the REV strategy to advance the local clean energy industry and modernize utility sector operations. On December 12, 2014, New York Governor Andrew M. Cuomo announced new clean energy initiatives consistent with the Reforming the Energy Vision (REV) strategy to spur innovation and investment, improve customer choice…
Utilities are increasingly pursuing rate design reform to earn revenue as kilowatt-hour demand growth flattens. As net energy-metered residential solar PV installation growth continues, utilities will be challenged with building and maintaining infrastructure with diminishing revenue streams. The fixed charge and net energy metering NEM compensation debate will continue as utilities fight for sustained revenue…
