New program in NY brings relief to over 800k households.

By Oliver Townsend Jun 21, 2024
New York state rolls out new program to deliver annual electric bill relief to over 800,000 households: '[It] will generate significant benefits'.jpegOrginal image from: https://www.thecooldown.com/green-business/statewide-solar-for-all-new-york-program/

Expanding access to clean, solar energy in New York state is not only beneficial for the environment but also for thousands of residents who will see a reduction in their electric bills. The recent announcement of the Statewide Solar for All program aims to provide annual electric bill relief to over 800,000 households, including low-income consumers. This initiative, led by Gov. Kathy Hochul’s office, combines the Energy Affordability Program with community solar programs to increase solar and energy storage capacities in the state.

New Initiative: Statewide Solar for All

The Statewide Solar for All program will pool bill credits from renewable energy generation and distribute them to households, with an initial focus on disadvantaged neighborhoods. The goal is to deliver credits to 800,000 homes, resulting in a minimum bill reduction of $40 per household, totaling $32 million in relief. Additionally, the Public Service Commission has adjusted its policy to provide more flexibility to the Community Distributed Generation program, allowing developers to offer different savings rates to subscribers.

Benefits of the Program

By providing more affordable and eco-friendly electric power, the Statewide Solar for All program not only saves residents money but also contributes to a cleaner environment by transitioning away from polluting power sources. This shift will lead to reduced heat-trapping air pollution from gas and coal-fired power plants, aligning with efforts to address climate change on a global scale.

Impact on New Yorkers

Gov. Hochul emphasized that the program will ensure more New Yorkers have access to clean, solar energy, promoting a healthier future for the state. The significant benefits of the Statewide Solar for All initiative extend to health, the environment, the economy, and the thousands of residents who will benefit from lower electric bills. By expanding access to renewable energy, New York is taking a proactive step towards a more sustainable and environmentally conscious future.

Related Post

Leave a Reply

Your email address will not be published. Required fields are marked *