EmPower Solar Blog » Solar Policy http://www.empower-solar.com/blog Empower weblog Fri, 20 Jan 2012 21:55:23 +0000 en hourly 1 http://wordpress.org/?v=3.3 Call to Action: Support SREC Legislation in NY http://www.empower-solar.com/blog/2010/06/18/call-to-action-support-srec-legislation-in-ny/ http://www.empower-solar.com/blog/2010/06/18/call-to-action-support-srec-legislation-in-ny/#comments Fri, 18 Jun 2010 15:16:34 +0000 Alexis Howland http://www.empower-solar.com/blog/?p=573 As you may have heard recently, there is legislation in the New York assembly to create a solar renewable energy credit (SREC) incentive structure in the State.  This would be similar to the very successful SREC market launched in New Jersey.  The New York Solar Industry Development and Jobs Act would create 22,000 new jobs in the state and bring 5 Gigawatts of solar online by 2025.

The video below by SolarOne does a great job of explaining how the SREC market would work and all the benefits it would bring to NY.

Click here to view the embedded video.

Some important points are:

  • Create about $20 billion in economic activity in the state
  • Residential and commercial size systems would benefit
  • 140x increase in New York solar capacity by 2025
  • Low cost: only about 39 cents extra on each month’s electric bill

This legislation needs to get voted on by June 21 when the Summer legislative break begins.  Take action and let your representatives know that you support the Solar Industry.

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