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Thursday, August 30, 2012

SCHUMER URGES PUBLIC SERVICE COMMISSION TO RAISE LIMIT ON SOLAR ENERGY CREDIT SYSTEM FOR HOMES AND BUSINESSES

SCHUMER URGES PUBLIC SERVICE COMMISSION TO RAISE LIMIT ON SOLAR ENERGY CREDIT SYSTEM FOR HOMES AND BUSINESSES: "Last week, the Poughkeepsie Journal reported that Central Hudson Gas & Electric Corporation (CHG&E), a utility provider in the Hudson Valley, reached their total allowable limit set by the Public Service Commission for the amount of solar energy that can be generated by homeowners and businesses and pumped back into the grid for credits. Therefore, CHG&E recently suspended the net metering benefit for all of its future solar customers, a major disincentive for new businesses and homeowners to install solar panels in the Hudson Valley. As a result of pressure from Schumer and the local solar industry, CHG&E announced today that they would begin processing net metering applications temporarily until the PSC issues its ruling. However, Schumer said that the PSC needs to make a permanent fix to the net metering limits to ensure consumer confidence that solar panels, which can be time-consuming to install and connect to the grid, will not be cut off from net-metering benefits."

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