Why Solar in New York?
New York recently pledged over $1 billion in investments in clean energy over the next decade to support the Clean Energy Standard. This mandates that 50% of the state’s electricity must come from renewable energy by 2030 and promotes the development of solar energy for customers across the state. Sol Systems has long supported such initiative by financing solar projects like Cornell University and Houghton College. As the New York solar market expands, going solar through a Power Purchase Agreement (PPA) can offer customers the ability to achieve a low-cost, long-term fixed rate of electricity from an onsite solar project. In addition, any solar generation not used by the customer can be sold back to the grid at an above average rate, further maximizing energy savings.
Our Work in New York
- In 2014, Sol Systems financed Cornell University‘s Snyder Road Solar Farm, consisting of a 2MW array on eleven acres of Cornell’s property.
- In 2015, Houghton College announced the completion of its 2.5-MW onsite solar energy installation, which is one of the largest on a college campus in New York State. The array will provide enough energy to meet more than half of the school’s electricity needs, significantly reduce its energy costs.
- In 2015, Anna Noucas was elected to the New York Solar Energy Industries Association (NYSEIA) Board of Directors, where she actively engages in New York solar policy and works to cultivate relationships with local solar companies interested in becoming more engaged in state policy.