Mandating solar power will generate jobs


CSA Z463 Electrical Maintenance -

Our customized live online or in‑person group training can be delivered to your staff at your location.

  • Live Online
  • 6 hours Instructor-led
  • Group Training Available
Regular Price:
$249
Coupon Price:
$199
Reserve Your Seat Today

New York Solar Procurement Mandate would require NYPA, LIPA, and retail electric suppliers to buy solar power annually through 2025, boosting renewable energy, jobs, and investment while adding minimal costs to ratepayers.

 

Top Insights

New York policy requiring utilities to buy solar through 2025, advancing energy jobs with limited ratepayer cost.

  • Requires NYPA, LIPA, and retailers to procure solar annually
  • Targets solar to power about 1 million homes by 2025
  • Projected 22,198 jobs and $20B in revenue statewide

 

A bill before the New York State legislature that would require energy providers to invest in solar power would create thousands of jobs and billions of dollars in economic activity over a 14-year period, advocates said.

 

The bill would require the New York Power Authority, the Long Island Power Authority and New York retail electric suppliers to procure solar electricity each year, equal to a percentage of their sales through 2025 under renewable energy proposals now under consideration.

A study by the Vote Solar Initiative argues the development of enough solar energy to power about one million homes by 2025 would result in 22,198 direct and indirect clean energy jobs and $20 billion dollars of revenue, including salaries and other items.

The study used the U.S. Department of Energy's National Renewable Energy Laboratory's "Jobs and Economic Development Impact" models, said Vote Solar, which released the data along with the Natural Resources Defense Council.

"By supporting the development of enough solar to power about one million homes by 2025 in line with solar energy goals the state has pursued, this legislation would drive significant economic opportunity in the state while adding less than the price of one postage stamp to New Yorkers' monthly energy bills," Vote Solar said in a statement.

But the numbers were met with some skepticism by some in the business community.

"I don't know that they have accurately estimated what its cost is going to be," said Ken Pokalsky, senior director of government affairs at the Business Council of New York.

"We're not convinced that mandating the purchase of above market cost technology is an economic stimulus for the state," he said.

Interest in renewable energy, including solar, with recent NYPA solar RFPs underscoring momentum, has grown in recent years as the United States has looked for alternatives to high-carbon sources like oil and coal.

In New York, a state review of high-volume natural gas drilling that could pave the way for a natural gas boom in the state is expected later this year, according to recent energy news from industry reports.

 

Related News

Related News

State-owned electricity generation firm could save Britons nearly 21bn a year?

Great British Energy could cut UK electricity costs via public ownership, investing in clean energy…
View more

Energy experts: US electric grid not designed to withstand the impacts of climate change

Summer Power Grid Reliability and Climate Risk drives urgent planning as extreme heat, peak demand,…
View more

Updated Germany hydrogen strategy sees heavy reliance on imported fuel

Germany Hydrogen Import Strategy outlines reliance on green hydrogen imports, expanded electrolysis capacity, IPCEI-funded pipelines,…
View more

Mines found at Ukraine's Zaporizhzhia nuclear plant, UN watchdog says

Zaporizhzhia Nuclear Plant Mines reported by IAEA at the Russian-occupied site: anti-personnel devices in a…
View more

Carbon emissions fall as electricity producers move away from coal

Global Electricity Emissions Decline highlights a 2% drop as coal power falls, while wind and…
View more

Canada to spend $2M on study to improve Atlantic region's electricity grid

Atlantic Clean Power Superhighway outlines a federally backed transmission grid upgrade for Atlantic Canada, adding…
View more

Sign Up for Electricity Forum’s Newsletter

Stay informed with our FREE Newsletter — get the latest news, breakthrough technologies, and expert insights, delivered straight to your inbox.

Electricity Today T&D Magazine Subscribe for FREE

Stay informed with the latest T&D policies and technologies.
  • Timely insights from industry experts
  • Practical solutions T&D engineers
  • Free access to every issue

Live Online & In-person Group Training

Advantages To Instructor-Led Training – Instructor-Led Course, Customized Training, Multiple Locations, Economical, CEU Credits, Course Discounts.

Request For Quotation

Whether you would prefer Live Online or In-Person instruction, our electrical training courses can be tailored to meet your company's specific requirements and delivered to your employees in one location or at various locations.