NYSEIA throws weight behind NY-Sun initiative

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In the wake of October storm that seriously disrupted the New York region’s electricity supply, the state’s Governor Andrew M. Cuomo announced an expansion of the NY-Sun Initiative.

The program is designed to support solar in the state through a 10-year, US$150 p.a. solar job initiative, the establishment of a $1 billion Green Bank and the creation of a cabinet level energy advisor to coordinate the programs.

The NYSEIA has come out in support of the measures and called for further measures to in support of photovoltaics. The measures are:

  • Expansion of "On Bill Financing" to include PV;
  • Facilitating remote net metering to facilitate community solar;
  • A bill to "clean up" net metering technologies; and
  • Change the Investment Tax Credit (ITC) cap for residential consumers.

NYSEIA President R. Sail Van Nostrand said that the organization will seek to maintain solar’s prominent place in public policy debate in the state. "Already, several legislative leaders have indicated their recognition that NY-Sun needs to have a longer commitment to attract the investment that is waiting to be unleashed," Nostrand said. "Our neighboring states are clear evidence of how fast solar can scale up."