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NY Energy Utilities and Solar Providers File Joint Proposal to Encourage More Renewables

NEW YORK, NY, Apr 19, 2016 (Marketwired via COMTEX) -- Six New York State electric utilities and three of the nation's leading solar development companies have formed a "Solar Progress Partnership" to encourage more solar development across the state, while ensuring that adequate funding is available to maintain a reliable and resilient grid.

The Partnership includes Central Hudson Gas & Electric Corp., Consolidated Edison Company of New York, Inc., New York State Electric & Gas Corp., Niagara Mohawk Power Corp. d/b/a National Grid, Orange and Rockland Utilities, Inc., and Rochester Gas and Electric; and the solar companies SolarCity, Inc., SunEdison, Inc., and SunPower Corp.

In a filing this week with the New York State Public Service Commission (NYSPC) (Solar Progress Partnership Comments), the Partnership proposed a transition from the current compensation model for solar net metering to one that continues to support the development of clean solar power in New York, while addressing customer cost-sharing issues that have evolved with the rise of solar projects.

Net metering allows solar users to receive credit for excess power back to the grid at retail rates, helping them produce clean, renewable power and lower their utility bills. For those without adequate rooftops, solar power has also become available through so-called "community solar" or "remote net metering" arrangements, where solar power is purchased from solar developers or building owners who...