Posts Tagged ‘SBC’

Cuomo Sets Renewable Agenda

Last month, Gov. Cuomo’s State of the State Address spoke boldly about renewable energy and other environmental initiatives. One major proposal is the creation of a $1 billion Green Bank for investment in clean energy. Renewable energy projects in New York City tend to have higher price tags than elsewhere in the state, just as a cost of doing business, so any additional help such systems can get will be welcome. However, if the Green Bank will be partially funded by the Renewable Portfolio Standards and System Benefit Charge, it is likely the City will contribute more than it gets back.

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