After receiving a record number of applications, The New York State Energy Research and Development Authority (NYSERDA) has added an additional $1.4 million to the Customer-Sited Wind Turbine Incentive Program. In addition to the new funds, NYSERDA has announced a 6 month extension to the program.
The Customer-Sited Wind Turbine Incentive Program provides qualified property owners with approximately 30% of costs associated wind the purchase and installation of wind turbines. Since its origins in 2008, the program has provided $3.6 million in incentives, leveraging an additional $5.2 million in private investment. To date, all of the turbines installed to date generate more than 1.7 megawatt-hours annually, saving participants more than $240,000 in energy costs each year.
To find out if your area has sufficient wind speeds for an on-site turbine refer to NYSERDA’s interactive “New York State Small windExplorer” map at http://nyswe.awstruepower.com/.
For more information on the program visit http://www.nyserda.org/funding/2097pon.asp.