Making The Economics Of NY Energy Storage Systems Work

Law360, New York (March 2, 2015, 11:00 AM EST) -- An ongoing incentive program in New York is giving a financial boost to plans to deploy energy storage systems for customers of Consolidated Edison Company of New York Inc. Jointly administered by Con Ed and the New York State Energy Research and Development Authority, the program is intended to encourage long-term load reduction by granting per kilowatt payments to customers in a service area that may experience increasing costs during peak use periods in the summer. Incentives are available for thermal storage, battery storage, temperature controls, lighting and other energy-saving improvements....

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