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New York State: Electricity Replacement Grants for 13,000 Solar Thermal Systems

Submitted by Baerbel Epp on September 13, 2010

The first financing measure in the framework of New York's Solar Thermal Roadmap is about to be implemented: Very soon, solar thermal technology will be the next technology to profit from the Renewable Portfolio Standards (RPS), which were introduced in the State of New York in 2005. The New York State Energy Research and Development Authority (NYSERDA) is responsible for administering the RPS funds, which are collected via the electricity bills of individual clients – residential and commercial ones – in the service areas of investor-owned utilities. A total of USD 25.8 million was allocated to subsidise solar thermal installations replacing electric water heaters. Combi systems are also eligible for the incentive scheme if the rooms in question were previously heated with electricity.

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