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As you may have heard recently, there is legislation in the New York assembly to create a solar renewable energy credit (SREC) incentive structure in the State. This would be similar to the very successful SREC market launched in New Jersey. The New York Solar Industry Development and Jobs Act would create 22,000 new jobs in the state and bring 5 Gigawatts of solar online by 2025.
Some important points are:
- Create about $20 billion in economic activity in the state
- Residential and commercial size systems would benefit
- 140x increase in New York solar capacity by 2025
- Low cost: only about 39 cents extra on each month’s electric bill
This legislation needs to get voted on by June 21 when the Summer legislative break begins. Take action and let your representatives know that you support the Solar Industry.
Say goodbye to high-energy bills and hello to worry-free solar
Say goodbye to high-energy bills and hello to worry-free solar
About the Author
EmPower Solar develops, engineers, installs, and services solar and battery systems for residential and commercial clients. Since 2003, EmPower Solar has empowered thousands of New York homeowners and businesses with 47 megawatts of distributed solar. Its vision is to create a new energy paradigm powered by clean, renewable energy for a more prosperous, healthy, and civil world. The company culture is defined by the EmPowering Way, which results in consistent 5-star customer service reviews. For more information visit empower-solar.com.