NY Solar Market is Officially “Open for Business” with NYSERDA’s PON 2589, the NY-Sun Competitive PV Program

The continued growth in the NY commercial solar market was highlighted by Governor Cuomo’s Governor Cuomo recent announcement that $46 million of additional incentives have been awarded to large-scale distributed generation solar photovoltaic projects across NY state.The NY-Sun Competitive PV Program, which provides incentives for PV systems larger than 50 kilowatts, is administered by the New York State Energy Research and Development Authority (NYSERDA). The $46 million awarded under PON 2589 will facilitate approximately 52MW of new solar installations.The awards were made under the first of three competitive auction rounds comprising the Competitive PV Program. The deadline for the last and final round of the PON 2589 program is scheduled for August 28^th 2013, and results for the second round are expected to be announced in mid-to-late May.PowerFlex has been actively involved in the Competitive PV Program since it was launched in 2011, and we look forward to continuing to help NY businesses fully assess the feasibility of onsite solar power. We work hand-in-hand with our clients to comprehensively analyze the range of solar project ownership and financing alternatives, from direct purchases of systems to third-party leasing or power purchase agreement arrangements. Please contact the PowerFlex team to learn how we can help your business benefit from the power of the sun.