24 Sep '12, 7am

New York Establishes Solar PV Initiative

Last month, New York Governor Andrew Cuomo signed a series of bills jump starting a new program to bring more solar power to New York, called the NY-Sun Initiative. Managed by the New York State Energy Research & Development Agency (NYSERDA), the goal of this initiative is to double the amount of on-site electrical capacity produced in the state by solar PV in 2012 compared to 2011 and to quadruple that in 2013. $104 million has been set aside in incentives. Commercial facilities in NY have a unique, but temporary, opportunity to install solar PV at a relatively low cost and a good simple payback period, reducing their long-term electricity costs greatly.

Full article: http://www.environmentalleader.com/2012/09/24/new-york-es...

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