New York Offers 50% Solar Subsidy, as East Coast Pulls Ahead in PV Growth

[jpak]

http://solveclimate.com/blog/20090918/new-york-offers-50-solar-subsidy-east-coast-pulls-ahead-pv-growth

This week, the New York Power Authority (NYPA), the country's largest state-owned utility, unveiled a China-like solar incentive for its customers: a 50 percent subsidy for new solar power projects.

The Solar Incentive Program will unleash $2 million in new funding to support up to 80 solar photovoltaic (PV) systems as large as 10 kilowatts for homes and businesses. The agency will begin reviewing applications this year.

The initiative should help New York State rise up as a solar powerhouse, predicts NYPA, and advance efforts to meet the state's goal of getting 45 percent of its electricity needs from clean energy and efficiency by 2015.

The news comes hot on the heels of the state Senate's passage of the Green Job/Green New York Act, which is expected to set in motion a $5 billion energy efficiency push and create 16,000 green jobs.

<more>

[ejpoeta]

1. man!!! how i wish i could do something like that...