NYSERDA offers financial incentives for retail energy storage systems. Retail systems can be up to 5MW and include systems installed for commercial offtakers, as well as “front of the meter” systems connected to the utility distribution network.
The incentive offerings are broken out geographically into New York City, Westchester, Rest of State (ROS), and Long Island and then by market. Each region and market are then broken into blocks that are designated an allocation of MWh eligible for incentives. Incentives remain available until all blocks within a region are fully subscribed.
NYSERDA intends to phase out incentives within a reasonable timeframe as storage costs decline and the market for energy storage systems becomes self-sustaining. The MWh block structure also supports energy storage markets in the areas where system benefits are the greatest and support is needed most.
How to Use the Dashboard
When viewing the dashboard, hold your cursor over a column in any chart to get the details you need. You can find the information outlined below on the dashboard. Block status is updated as applications are submitted.
- Status of each block: open or closed
- Incentive rate per kWh
- Available budget