Commercial, Solar - October 18, 2022
NYSERDA Starts Community Solar Program
The New York Energy Research and Development Authority (NYSERDA) in partnership with National Grid announced 21 community solar projects, totaling more than 120 MW.
These projects were selected as part of the first round of a community solar program that benefits clean energy to underserved New Yorkers. The Expanded Solar For All program, approved by the State’s Public Service Commission in January, will serve nearly 175,000 income-eligible customers in National Grid’s upstate service areas once fully implemented.
The announcement supports New York’s Climate Leadership and Community Protection Act (Climate Act) mandate for at least 35% with a goal of 40% of the benefits of clean energy investments be directed to Disadvantaged Communities.
“NYSERDA is proud to partner with National Grid through this Expanded Solar For All program to give underserved New Yorkers an opportunity to save on their monthly electricity bill and contribute to a cleaner and healthier New York,” said Doreen M. Harris, President and CEO of NYSERDA in a statement. All across the state, community solar projects like these are harnessing the power of the sun in order to provide renewable energy to nearby homeowners and renters who may not be able to otherwise access solar.”
An additional round of projects is expected to be selected next year. As part of the program’s first phase, National Grid anticipates providing up to $240 million in total bill credits during the 25-year lifetime of the program. An anticipated second phase, subject to approval by the Public Service Commission, would further expand the program, doubling the total anticipated bill credits to up to $480 million over the program’s lifetime.
The federal Inflation Reduction Act, signed into law by President Biden in August, is also expected to further support New York’s strategy to drive cost savings from solar energy to disadvantaged communities.