NY GOV PROPOSES NEW GRID, NEW ENERGY VISION

Governor Cuomo Announces Fundamental Shift in Utility Regulation; Regulatory Changes to Spur Development of World-Class Energy System in New York State and Mitigate Climate Change Impacts

April 24, 2014 (Governor’s Press Office)

New York Governor Andrew Cuomo’s Reforming Energy Vision (REV) initiative will ask the state Public Service Commission (PSC) to prepare utilities and the grid operator for smart technologies, a streamlined electricity market, and practices that will expand demand management, energy efficiency, renewable energy, distributed generation, and energy storage. The initiative would create new policies and programs to support adoption of practices by consumers, businesses, and industries that would ease the burden on power generators of peak demand and open the single biggest saving opportunity for ratepayers. The initiative leaves to the PSC the burden of deciding which existing grid operating and electricity market practices should be modified and how utilities can manage distributed energy resources and move ratepayers to energy consumption priorities that benefit themselves and the system. The example of the Empire State Building efficiency retrofit stands tall in New Yorkers awareness of the savings available from such programs. click here for more

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