Under the NY-Sun initiative, property owners looking to install solar systems larger than 50 kilowatts can now submit proposals for a share of $107 million in state incentives available through 2013.
The incentives are available through the New York State Energy Research and Development Authority”™s large-scale, customer-sited competitive photovoltaic (PV) program.
Through the program, $36.4 million in incentives will be available in 2012 and an additional $70.5 million will be available in 2013.
Property owners looking for a share in the incentive dollars are required to submit a proposal to NYSERDA, with the funding distributed to those who had requested the fewest incentive dollars per kilowatt-hour that would be generated by their proposed systems.
Funding will be capped at $3 million per project.
Bids under the first round of the program are due Nov. 8. The remaining two due dates for this program will be in the first and third quarters of 2013, the governor”™s office said in a release.
“These investments in photovoltaic systems will allow businesses and municipalities to put in place green, cost-effective electric generating installations,” Gov. Andrew Cuomo said in a statement.
The $107 million in funding through 2013 represents a significant expansion of NYSERDA”™s competitive PV program.
Initially, funding had been capped at $150 million for the five-year period starting in 2011.
In April, however, the state Public Service Commission approved NYSERDA”™s request to increase funding for all customer-sited solar systems to $432 million over four years as part of the NY-Sun initiative.
The governor”™s office said the NY-Sun initiative was launched to double the amount of customer-sited solar systems installed annually in New York.
On Aug. 8, Cuomo announced $30 million was awarded to 16 developers of large-scale solar projects in the downstate area as part of the spring 2012 round of funding.
The developers plan to install a combined 34 megawatts of solar by 2013.
Companies receiving incentives include Mercury Solar Systems Inc. and the TriState Solar Alliance, both of Port Chester, and Lighthouse Solar, based in Mount Kisco.
