Last Thursday, April 18, saw the release of a new order on the Value of Distributed Energy Resources (VDER) from the New York Public Service Commission. If you want to take a look at this new order, then you can head on over to the Department of Public Service’s VDER Case Page. The new order should also be available on NYSERDA’s VDER web page in the very near future as well. NYSERDA have also stated that they are currently in the process of updating their Value Stack Calculator, so that should reflect these new changes very soon.
In addition, there is an upcoming opportunity to learn even more about these new changes. NYSERDA will be hosting a webinar tomorrow - April 25 - between 2pm and 3:30pm ET. You don’t have to register in advance for the webinar, so just show up tomorrow between 2 and 3:30 at the following link - NYSERDA Webinar. If you’re asked for a password to enter, simply put in “1234” and you’ll be granted access. Don’t worry if you can’t make it between those hours, the whole thing will also be posted online afterwards for later viewing for those who can’t make it.
Essentially, these new changes are directed toward improving the VDER policy to create the potential for more renewable energy projects, allowing the state to reach its ambitious renewable energy goals with more efficiency and at a lower cost. These new changes will operate on a basis of greater certainty and enhanced credits for renewable energy projects, benefitting solar owners moving forward. Let’s hope this commitment to renewables benefits the individual consumer and, ultimately, the state of New York in its entirety.
For now, if you have any further questions about these new updates you can reach out to NYSERDA via email - firstname.lastname@example.org. - or make yourself available for tomorrow’s webinar, as outlined above.
By Shane Croghan