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Why Long Island Could Become New York’s First Energy Storage Hot Spot
GreenTech Media: It can be hard to keep up with the steady drumbeat of energy storage policy updates emanating from the Northeast, and New York in particular, but last week's announcement of $55 million allocated for Long Island deserves a second look.
The specifics of the incentive — $250 per kilowatt-hour for residential storage or commercial systems up to 5 megawatts — parallel similar opportunities offered to customers elsewhere in New York as part of a $280 million package launched in April. The earlier tranche was funded by a systems benefit charge that Long Islanders don't pay; instead, their storage dollars are coming from the Regional Greenhouse Gas Initiative.
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