Buyer's Guide 2024
Clean Energy Fund (CEF)
Solar & Battery Regulation & Incentive Programs
Program Overview
- Category
- Regulatory Policy
- Program Type
- Public Benefits Fund
- Implementing Sector
- State
- State
- New York
- Eligible Storage Technologies
- Geothermal Electric, Solar Photovoltaics, Wind (All), Biomass, Combined Heat & Power, Landfill Gas, Tidal, Clothes Washers, Boilers, Heat pumps, Air conditioners, Combined Heat & Power, Compressed air, Caulking/Weather-stripping, Building Insulation, Agricultural Equipment, Comprehensive Measures/Whole Building, Custom/Others pending approval, Yes; specific technologies not identified, Hydroelectric (Small), Anaerobic Digestion, Fuel Cells using Renewable Fuels, Other Distributed Generation Technologies
- Types
- Instead of specific goal, CEF includes a broad non-fuel specific minimum 10 year goal (2016-2025)to acheive:
1. 88 million MW of Renewable Energy
2. 133 million tons of CO2e reductions,
3. $39 billion in customer bill savings,
4. Stimulate $29 billion in private investment - Total Fund
- $5.322 billion (2016- 2025)
- Charge
- Clean Energy Fund (CEF) Surcharge calculating annual authorized collections (minus any previous under or over collections) divided by projected sales.
- Administrator
- NYSERDA
- Applicable Sectors
- Commercial, Industrial, Investor-Owned Utility, Local Government, Nonprofit, Residential, Schools, State Government, Federal Government, Agricultural
- Budget
- $5.322 billion (2016- 2025)
- Start Date
- 01/21/2016
- Last Updated
- 07/28/2021
- Funding Source
- System Benefit Charge (SBC)- Clean Energy Fund (CEF) surcharge
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