The Long Island Power Authority (LIPA) announced a proposal for a new Time-of-Day Rate that will be available to residential customers in 2024. Under the proposed TOD Rate, 80 percent of customer would save money without making any changes and supports LIPA’s clean energy transition mission.
David G. Shieren, New York Solar Energy Industries Association (NYSEIA) Board President and EmPower Solar CEO called LIPA’s proposal a “logical step to modernize electric rates that can save customers money and accelerate clean energy options such as solar and battery storage. The solar industry is looking forward to participating in a robust stakeholder process and continuing to partner with LIPA on this initiative to build the utility grid of the future.”
About the Author
EmPower Solar develops, engineers, installs, and services solar and battery systems for residential and commercial clients. Since 2003, EmPower Solar has empowered thousands of New York homeowners and businesses with 35 megawatts of distributed solar. Its vision is to create a new energy paradigm powered by clean, renewable energy for a more prosperous, healthy, and civil world. The company culture is defined by the EmPowering Way, which results in consistent 5-star customer service reviews. For more information visit empower-solar.com.