|Energy Storage Deployment Resources|
With assistance from NYSERDA, NY-BEST developed resources to assist companies interested in deploying energy storage in New York State. For additional information, please visit NYSERDA’s energy storage website.
The New York State Energy Research and Development Authority’s (NYSERDA) offer incentives through its Retail Energy Storage Incentive Program and Bulk Energy Storage Program. NYSERDA must file implementation plan with PSC outlining the use of the incentive funds. The most recent plan dated, January 2020, is organized into two primary initiatives: retail storage market acceleration incentives and bulk storage market acceleration incentives.
Explore available tax incentives for the deployment of energy storage and solar in New York State such as the New York City Solar and Energy Storage Property Tax Abatement, and the Federal Investment Tax Credit. Also included is information on accelerated depreciation deductions, a New York State exemption for property taxes, and tax credits for residential solar.
Date: July 2019
Find detailed information for developers and contractors on value streams for installing energy storage systems in New York State broken down by retail storage (customer and electric distribution utility) and wholesale market (NYISO) opportunities.
Date: July 2019
NY-BEST is pleased to provide a new information resource for parties interested in developing energy storage projects in New York State. The Energy Storage Services Fact Sheet summarizes value streams currently available for energy storage systems installed in New York State. This easy to use guide provides information on each currently monetizable service, a description of the compensation mechanism, the compensation price and/or factors influencing compensation, and any regulations or limitations related monetizing each service. The Fact Sheet also includes information on service classifications and demand response programs for each New York investor owned utility.
NY-BEST is pleased to make its Energy Storage Guide available for viewing now. It is important to keep in mind that this is a pre-release version of the document, that still requires the input of stakeholders. This guide includes important methods for stacking value and other ways to maximize the compensation of energy storage systems in the state. Some of these considerations are included in the Fact Sheet, but the guide provides a more detailed analysis of the opportunities and challenges for stacking values in the state. The Fact Sheet and guide are part of a suite of research and resources funded by NYSERDA to reduce storage soft costs and provide technical assistance resources to New York State.
NY-BEST is pleased to provide the Rider Q Fact Sheet for viewing now. This document is designed to help inform industry about the opportunity for energy storage systems under Con Ed's Rider Q Tariff. This tariff creates new rate structures, based on the standby rate, that provide a valuable and stable source of revenue. Please reach out to the NY-BEST team with any questions.
Date: Spring 2019
Energy Storage Permitting and Interconnection Process Guide for New York City: Lithium-Ion Outdoor Systems
The City University of New York (CUNY) Smart Distributed Generation Hub (DG) Hub, the Fire Department of New York (FDNY), NYC Department of Buildings (DOB), Con Edison and the New York State Energy Research and Development Authority (NYSERDA) worked together to develop the first comprehensive set of guidelines for installing energy storage systems. This document provides a checklist for energy storage project developers to follow when they are siting energy storage projects in New York City. Both the NYC Department of Buildings and Fire Department of New York had substantial input on this document, and it represents a significant step forward for the deployment of energy storage in the City. The Guide focuses on siting of outdoor lithium ion battery systems, including roof top installations.
An additional piece of the soft costs resources resources available through NY-BEST is a series of webinars, that cover different areas of New York's energy storage industry. These webinars can be found under the webinars tab and the links below.
NYSERDA has created several funding opportunities to complement the soft costs reduction efforts. These programs focus on reducing the costs of energy storage projects, and creating more opportunities for energy storage deployments in New York State.
This program is designed to provide credible, objective information, and site-specific targeted technical assistance and analysis to help customers make informed clean energy investment decisions that result in the implementation of clean energy technologies. Eligible entities and service providers are encouraged to apply for cost-shared support of site-specific technical assistance. The main component of the FlexTech Program for Energy Storage is cost-shared technical analyses to determine the feasibility of a project. Applicants can request up to $100,000.
Mar 5, 2018