The Governor called for a major expansion of his NY-Sun Initiative. The original NY-Sun, announced by the Governor at last year’s State of the State, called for doubling solar installations in 2012 and quadrupling in 2013. However, that program was too small and too intermittent–while helpful, it fell short of accomplishing the job of market transformation.
This year, the Governor announced a long-term commitment to NY-Sun, expanding the program into a 10 year, $150 million/year program. If we’re doing our math right…that’s a billion and a half dollars to develop a world-class solar industry and unleash the many benefits that solar energy delivers.
Here’s the money quote from the Governor’s speech (full text found here).
Extend the NY-Sun Solar Jobs Program (page 31)Last year Governor Cuomo created the NY-Sun solar jobs program to bolster the use of solar power in New York, while also protecting the ratepayer. The goal of NY-Sun is to install twice as much customer-sited solar photovoltaic capacity in 2012 as was added in 2011, and to quadruple the 2011 amount in 2013. The NY-Sun program is authorized through 2015. This year, Governor Cuomo proposes to extend the successful NY-Sun program, continuing through 2023 the existing annual funding levels established under the program. The extended solar jobs program will provide longer program certainty to solar developers than current programs, funded through 2015, and is expected to attract significant private investment in solar photovoltaic systems, enable the sustainable development of a robust solar power industry in New York, create well-paying skilled jobs, improve the reliability of the electric grid, and reduce air pollution.
We believe that the Governor’s 10-year commitment to NY-Sun can deliver this promise. Market transformation will be achieved through prudent incentives that phase-out over time while establishing supportive regulations that remove barriers and increase access to solar power.
With New York at the crossroads of its energy future, the State has a unique opportunity to revisit its solar programs in a comprehensive fashion and build a sustainable market where cost-competitive solar energy is a core component of a 21st century energy infrastructure.
We’ve spent the last several years building support for these ideas, and calling for a long-term solar program to unleash solar throughout New York. We’re pleased that the Governor is stepping forward with leadership.
Now comes the hard part: turning talk into reality. The legislature needs to do its part, but a Governor sponsored bill is a very helpful step.