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New York State Public Service Commission's Proposed Transition Plan for Net Metered Projects

Strategic Insights

— 2 min read

The New York State Public Service Commission has issued a proposal to transition away from monetary crediting to volumetric crediting for remote net metered projects, while maintaining the financial integrity of net-metered projects and developers. The Solar Energy Industries Association (SEIA) has submitted comments on the proposed transition plan, urging the Commission to expedite the resolution of the issue and maintain a stable business environment for clean energy companies. The proposal aims to grandfather existing projects and continue New York State's progress towards its clean energy goals under the NY-Sun initiative.

Key Takeaways:

  • The New York State Public Service Commission has proposed a transition plan to move away from monetary crediting to volumetric crediting for remote net metered projects.
  • The Solar Energy Industries Association (SEIA) has submitted comments on the proposed transition plan, urging the Commission to expedite the resolution of the issue.
  • The proposal aims to grandfather existing projects and maintain the financial integrity of net-metered projects and developers.
  • The SEIA commends the Commission for recognizing the interaction between the proposed change in valuation for RNM projects and the MW Block incentive program design.
  • The notice and comment period along with the expedient movement through the process is critical for continuing to provide a stable business environment for clean energy companies.
  • The Commission's resolution of the RMN grandfathering issue will ensure that New York State continues toward its goals under NY-Sun.
  • The SEIA urges the Commission to continue to move expediently towards a resolution on this issue.

Statistics:

  • 1 April 2015: The date of the SEIA's comments on the proposed transition plan.
  • 14-E-0422: The case number for the petition to clarify the process for utilities to seek relief from net metering caps.
  • 14-E-0151: The case number for the petition of Hudson Valley Clean Energy, Inc. for an increase to the net metering minimum limitation at Central Hudson Gas & Electric Corporation.
  • NY-Sun: The initiative aimed at promoting the development of solar energy in New York State.

Sources:

  • SEIA Comments on Proposed Transition Plan (1 April 2015)
  • Petition of Hudson Valley Clean Energy, Inc. for an Increase to the Net Metering Minimum Limitation at Central Hudson Gas & Electric Corporation. Case 14-E-0151
  • Petition of Solar Energy Industries Association, Alliance for Clean Energy New York, the Vote Solar Initiative, the National Resources Defense Council and The Alliance for Solar Choice to Clarify the Process for Utilities to Seek Relief from Net Metering Caps Case 14-E-0422
  • NY-Sun Initiative

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