Posted on February 24, 2014
VICTORY: Gov. Cuomo extends solar program through 2023
The New York Public Service Commission planned an extension to NY-Sun Initiative solar program through 2023. The plan results in 10x more affordable solar up and down the state, enough to power 465,000 New York homes and cut greenhouse gas emissions by 2.3 million tons annually. Private investment in solar at this scale reduces the need for utilities to build traditional power plants and transmission infrastructure, which can help keep rates low for all New Yorkers. So far, NY-Sun has resulted in almost 300 megawatts of solar capacity, more than was installed in the entire decade prior to the program. The solar industry employs 5,000 New Yorkers, ranking New York 5th in the nation for solar job creation.
Thanks in part to activism from almost 11,000 CREDO members, the plan was extended to 2023.