NY-Sun Solar PV Competitive Program

NY Performance-Based Incentive commercial construction industrial nonprofit installers/contractors

Administered by: NYSERDA

Program Details

Program ID
5551
Effective Date
1/26/2015
Expiration Date
1/1/2015
Last Updated
4/24/2015

Eligibility

Eligible Sectors
commercial construction industrial nonprofit installers/contractors
Eligible Technologies
solar photovoltaics anaerobic digestion

Incentive Amount

$106,900,000 (2013)

Program Summary

Note: The deadline for submitting proposal for the program expired on August 29, 2013.

NYSERDA is no longer accepting additional proposals at this time. NY-Sun Solar PV Competitive Program is a part of the New York State Renewable Portfolio Standard (RPS) Customer- Sited Tier program.

The program is designed to encourage development of PV and Renewable Bio-gas electric generation facilities through competitively awarding of contracts for electric generation of size greater than 200 kW. Program Description Applicants must submit a bid to NYSERDA as a $/kWh incentive request. The proposals will be ranked in order of incentive bid and the awards will be granted from lowest to highest of the bid amount. The award will include two up-front payments and three performance payments. Up-front payment is calculated by multiplying the bid amount times the amount of KWh the project is expected to produce over 3 years. Capacity factor of 11% for PV and 75% for Renewable Biogas will be used in this calculation. Performance payment is calculated based on the amount of actual kWh produced by the site during each 3 year of its operation.  Additional incentive of factor 1.15 will be added to the performance incentive if the site is project is located in identified Strategic Location. The amount of incentive is capped to $3 million per project site and $6 million per applicant. Under Program Opportunity Notice (PON) 2589, $106 million is available for the year 2013.   Eligibility The eligibility for project installation is specific to different geographical regions called “load zones”. Customer-sited PV program incentive is available in load zones A through J, and Renewable Biogas fueled electric generation projects in load zones G through J. The amount of funding available for each of the load zone is specified on a per calendar basis. Projects funded through System Benefit Charge (SBC) funding and systems installed prior to the issuance of contract are not eligible for funding.

Contact & Resources

Please verify current program details with the administering agency before making any financial decisions.

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