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Con Edison NYC Solar Program advances renewable energy with a PSC filing for 25 MW, solar incentives for residential and commercial customers, $28.8M in funding, solar hot water support, and significant carbon reduction targets.
Context and Background
A Con Edison plan to deploy 25 MW of NYC solar, fund small-scale projects and solar hot water, and cut CO2 emissions.
- Target: 25 MW of NYC solar capacity by 2015
- $24.8M for residential and commercial rooftop projects
- $4M to expand solar hot water in NYC and Westchester
- Cuts ~16,000 tons of CO2 emissions annually
- Separate $125M plan for larger installations systemwide
Con Edison, a unit of Consolidated Edison Inc., filed a proposal with the state of New York calling for more funds for solar energy projects in New York City.
In Con Edison's filing with the New York State Public Service Commission, amid renewable energy proposals under discussion, it called for the development of 25 megawatts of solar energy resources in New York City by 2015. The company said this will offset about 16,000 tons of carbon dioxide emissions annually, the equivalent of taking 2,400 passenger vehicles off the road.
Con Edison suggested the state set aside $24.8 million of its renewable energy funds for smaller solar projects for residential and commercial customers in New York City to support state solar energy goals over the coming years.
The company is also proposing that the state set aside $4 million for a residential program for New York City and Westchester County customers to use solar energy for hot water, reflecting momentum similar to New Jersey solar expansion efforts in the region.
"We believe that New York City, with its urban roofscape, has great potential as a center for solar power and, because mandating solar power can generate jobs and build market demand, we are confident that we can use our unique knowledge of our customers to make that a reality," said John Mucci, vice president of Engineering and Planning.
These programs would be in addition to an earlier proposal to spend $125 million over five years throughout the Con Edison service area for larger installations and other large-scale energy projects now underway.
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