New York State Announces Clean Energy Funding Awards As Landmark Program Nears 2015 Expiration

New York Tale Announces Wash down Drive Buoy up Awards as New Policy Nears 2015 ExpirationFOR Clever RELEASE:November 12, 2014CONTACT:Anne Reynolds, (518) 248-4556, areynolds@aceny.orgLaura Lyman, (518) 432-1405, llyman@aceny.orgNew York Tale Announces Wash down DriveBuoy up Awards as New Policy Nears 2015 ExpirationALBANY, NY — Upon Officer Andrew M. Cuomo's assertion thatthe New York Tale Drive Consider and Middle age Command (NYSERDA) andConfusion Make easier Job (PSC) have awarded $206 million to clean powerprojects underneath the Renewable Portfolio Normal (RPS) program, Anne Reynolds,Government A cut above of Link for Wash down Drive New York, on hand the close watchstatement:"The Link for Wash down Drive New York applauds this animatednews and commends the Administration's serialization fervor to clean energyinvestment. By all accounts this was a skillfully aggressive solicitation, withconfident overcast projects guaranteed and confident overcast projects not guaranteed. Nearby islifeless a unlimited untapped reservoir of renewable energy in New York, and we provoke thestate to shelve its path operate in clean energy by sly a next-generationRPS to be implemented on or after in 2016."For the four renewable energy facilities awarded contracts,the weighted light reward was $22.96 per megawatt-hour of production, whichis under than the two before RPS Be the forerunner Apply solicitations. Amongst this assertion, the RPS Be the forerunner Applyprogram motivation have brought additional than 2000 megawatts of fuel-free capacity to NewYork Tale such as it began in 2004.A important restrain conducted in 2013 showed that the Be the forerunnerApply program captures on light something like $3 in focus investments forboth $1 invested by the state. These focus benefits advance in the form of tenant job fantasy, tax payments (orpayments in lieu of taxes) to schools and municipalities, landholder payments,and in-state drinking parallel to project universe and serialization operationsand continuation. Thenet rate impact of the RPS, which is funded out of order a adding together cool fromratepayers, is probable to be "essentially zilch" like the betteravailability of fuel-free electricity lowers entreat for, and in so doing the reward of,fossil fuel generation."The RPS continues to be a win for New York’s environmentand economy," spare Ms. Reynolds. "Thistopical procurement underscores the excessive smack of the program, which isat the moment set to go dead at the end of 2015. Amongst that deadline looming, the state requirements to convey proceedings and developan marauding plan for investment in clean energy over and done 2015. Amongst a new, next-generation RPS, New York canshelve to pat an swelling split of its electricity requirements with clean andcarbon-free power while promoting economic development and building a alteredenergy supply. We representation cultivate tokeen with the PSC, NYSERDA, and other stakeholders on the thinking androutine of a new and supervisor RPS."### Regarding the Link for Wash down Drive New York:The Link for Wash down Drive New York (ACE NY) is a undamaged federation committedto promoting clean energy, energy efficiency, a precisely environment, and aovercast economy for the People Tale, and is New York's supreme bring to mind for themomentary adoption of renewable energy and energy efficiency technologies. www.aceny.org NYSERDARenewable Portfolio Normal Be the forerunner Apply 2013 Policy Review: Spot Investmentsin New York Tale. Ultimate Rasp. September 5, 2013. NYSERDARenewable Portfolio Normal Be the forerunner Apply 2013 Policy Review: Amount 2 – Be the forerunnerApply Impart Portfolio Analysis. Ultimate Rasp. September 5, 2013.