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Setback For Clean Energy In Hudson ValleySubmitted by Brendan Szendro on Wed, 2012-07-25 14:21.
Central Hudson Gas & Electric Corp. has cut its net metering program for solar energy users, prompting outcry from consumers and clean energy advocates alike.
Net metering programs provide consumers who use renewable energy sources with retail credit for the excess energy they produce and sell back into the electric grid. Without the promise of credit, potential buyers will be discouraged from investing in clean energy. This has the potential to hurt the regional solar energy market and impact Gov. Andrew Cuomo's plan for more clean energy. Hudson Valley Clean Energy in Rhinebeck-- a solar panel installation company -- has petitioned the state Public Service Commission to instruct Central Hudson to accept more applications. The PSC has yet to respond. Central Hudson has hit its cap twice before, but refuses to raise it a third time, citing loss of revenue. The burden of revenue loses is often shouldered by its consumers. |
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