Bringing solar energy to the city is already a challenge. It’s about to get even harder with tens of millions of dollars in incentives for city-friendly solar projects about a month away from drying up, clean energy advocates say.
Oh, that's unfortunate. They say, solar energy is the way of the future.
https://www.thecity.nyc/environment/...e-credits-fade
New York is primed to soak up the sun, but the city’s ability to hit its solar-power targets could be in jeopardy.
Tens of millions of dollars in incentives from the state that helps make city-friendly “community solar” developments economically feasible are about a month away from sunsetting for new projects. And that’s threatening clean energy projects on tap for the city — along with the local jobs and energy savings that come with them, solar industry reps say.
The solar industry contends that Gov. Kathy Hochul’s recently expanded solar development goals — from six gigawatts by 2025 to 10 by 2030, enough to power almost 1.7 million homes — won’t necessarily help the five boroughs unless the credit gets replenished.
With community solar, tenants purchase sun-generated power that’s not necessarily collected where they live, since they have no say on whether to put panels on their apartment buildings. Energy experts see community solar as a way for lower-income New Yorkers, who can’t afford the high up-front costs of installation, to participate in the clean energy transition.