Last month we reported that NYSERDA had released a new order on the Value of Distributed Energy Resources (VDER). This new order implemented a number of changes, geared toward improving VDER policy in the hopes of creating more renewable energy projects and pushing the state toward its renewable energy targets with greater efficiency and lower costs.
In addition, NYSERDA stated, at the time, that they were working on updating their Value Stack Calculator to reflect this new order on VDER. Thankfully, the calculator has now been updated and is available online. You can find the updated Solar Value Stack Calculator here on the NYSERDA website.
There are two versions of the calculator available for download on the site. The New Order version reflects April’s changes to VDER policy and is intended for projects qualifying under the new rules. The Legacy version, on the other hand, is intended for project qualifying under the legacy value stack. To clarify dates and eligibility see NYSERDA’s Value stack webpage here.
Changes to the Value Stack Calculator include, but are not limited to:
- Addition of 2018 LBMP, solar profiles, capacity values, community credit, and a new user input for interconnection limit.
- ICAP rates are calculated with new methodology reflecting DPS specifications.
- Project revenue is now displayed in 2019 dollars, as opposed to 2017 dollars previously.
Complete details of these changes are available on the NYSERDA site.
NYSERDA also suggests that you revisit their site on a regular basis to ensure that you are using the most recent version of the Solar Value Stack Calculator. If you have any further queries about these new updates to the calculator, you can reach out to NYSERDA directly at firstname.lastname@example.org for further information.
By Shane Croghan