New Community Solar Regulations are Bad for Small Business
The verdict on VDER is in and a new fight for EQUITY and RENEWABLE ENERGY begins.
New York’s Public Service Commission (PSC) regulates the value of distributed energy resources (VDER) such as community solar. The PSC — which has 3 people plus 2 empty seats — voted today to approve the regressive VDER regulations, which they claim achieve “a major milestone in the Reforming the Energy Vision (REV) initiative by beginning the actual transition to a distributed, transactive, and integrated electric system.”
The problem is the new regulations place greater power in the large utilities and grossly undervalue the energy created by community solar systems making those systems even more difficult for YOU to finance. Most small businesses and low-to-middle income people NEED the community solar option if they want to invest in clean renewable energy. We need a regulatory framework that sparks a revolution of shared solar across the state. We are ready for it!
More to come on how we can push for incentives that help level this playing field. How else will we achieve our Clean Energy Standard of 50% by 2030? The true path is FORWARD.
Check out the NY Energy Democracy Alliance’s response here: http://bit.ly/2lLOSKN