---
title: Key Players in the New York Energy Marketing
description: Discover the key players in New York's energy market and recent updates in renewable energy incentives shaping the state's sustainable future.
image: https://blog.prquinlan.com/hubfs/blog%20images/key%20players%20in%20ny%20energy%20market.jpg
---

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# Key Players in the New York Energy Marketing and Updates in Renewable Energy Incentives

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- Key Players in the New York Energy Marketing and Updates in Renewable Energy Incentives

12/18/2023 [energy efficiency](https://blog.prquinlan.com/tag/energy-efficiency), [renewable energy](https://blog.prquinlan.com/tag/renewable-energy)

 2 Minutes

Across New York State, renewable energy programs are available for commercial, residential, and utility-scale customers and producers. In New York, 2008 represented a transformative year for renewable energy. During this year the [Energy Efficiency Portfolio Standard](https://www.nyserda.ny.gov/All-Programs/Clean-Energy-Standard/Clean-Energy-Standard-Resources/Renewable-Portfolio-Standard)[\[1\]](applewebdata://037D5DB6-00BE-4191-9360-3F998A3BD156#_ftn1) was created and New York joined the [Regional Greenhouse Gas Initiative (RGGI](https://www.nyserda.ny.gov/About/Funding/Regional-Greenhouse-Gas-Initiative))[\[2\]](applewebdata://037D5DB6-00BE-4191-9360-3F998A3BD156#_ftn2) with a myriad of other states. Then, in 2014, the New York Green Bank was established as a specialized entity within NYSERDA specifically focused on increasing private investment in renewable energy. 

## Main Energy Organizations in New York State

NYSERDA, the Department of Public Service, the NYISO, and six utilities represent the main players in the New York State energy market. [NYSERDA](https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=&cad=rja&uact=8&ved=2ahUKEwi54Zep_YCDAxWltokEHd2HDEsQFnoECBUQAQ&url=https%3A%2F%2Fwww.nyserda.ny.gov%2F&usg=AOvVaw1Sln4VZ4b7R3r4tYnF0hc2&opi=89978449) is led by a board of 13 members spanning from a diverse background across the state. NYSERDA focuses its efforts primarily on the reduction of greenhouse gas emissions [\[3\]](applewebdata://037D5DB6-00BE-4191-9360-3F998A3BD156#_ftn3). While [the Department of Public Service](https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=&cad=rja&uact=8&ved=2ahUKEwie4se7_YCDAxXThIkEHRN0BhwQFnoECA4QAQ&url=https%3A%2F%2Fdps.ny.gov%2F&usg=AOvVaw2u8BZpCY0mmF80dkarbpNx&opi=89978449) is tasked with regulating utilities to provide affordable access to utility services[\[4\]](applewebdata://037D5DB6-00BE-4191-9360-3F998A3BD156#_ftn4). [The New York Independent System Operator (NYISO)](https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=&cad=rja&uact=8&ved=2ahUKEwjdiufD_YCDAxU7lokEHXZ8BmIQFnoECAgQAQ&url=https%3A%2F%2Fwww.nyiso.com%2F&usg=AOvVaw2m2aOfwEefIMJi7rgO4oVF&opi=89978449) is an independent company not affiliated with any energy organization charged with managing the electric grid in New York[\[5\]](applewebdata://037D5DB6-00BE-4191-9360-3F998A3BD156#_ftn5). Six large investor-owned utilities represent the last major players. These utilities are [Consolidated Edison,](https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=&cad=rja&uact=8&ved=2ahUKEwjT0ZnR_YCDAxXLAHkGHaMvDlkQFnoECAYQAQ&url=https%3A%2F%2Fwww.coned.com%2Fen%2F&usg=AOvVaw1sBgfXJNOh1M5828q63XRQ&opi=89978449)[Orange and Rockland Utilities,](https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=&cad=rja&uact=8&ved=2ahUKEwi9m8vb_YCDAxWpkIkEHTf5DOwQFnoECA8QAQ&url=https%3A%2F%2Fwww.oru.com%2Fen%2F&usg=AOvVaw3tNtL_-W8d4P10w1G014he&opi=89978449) [Central Hudson Gas and Electric](https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=&cad=rja&uact=8&ved=2ahUKEwiG5vHk_YCDAxVxmokEHaHgCJ0QFnoECAYQAQ&url=https%3A%2F%2Fwww.cenhud.com%2Fen%2F&usg=AOvVaw08nl6MKGixt6RcVQVuUPSr&opi=89978449), [Rochester Gas and Electric](https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=&cad=rja&uact=8&ved=2ahUKEwiGw9Xs_YCDAxUpkYkEHR_BBusQFnoECAcQAQ&url=https%3A%2F%2Fwww.rge.com%2F&usg=AOvVaw3I_0hlj1bMIMoUFpzp0FEt&opi=89978449), [New York State Electric and Gas](https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=&cad=rja&uact=8&ved=2ahUKEwjG1uzz_YCDAxVQq4kEHVFUArcQFnoECA8QAQ&url=https%3A%2F%2Fwww.nyseg.com%2F&usg=AOvVaw2xxppoOiRBNu-8t2eop3TO&opi=89978449), and [National Grid](https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=&cad=rja&uact=8&ved=2ahUKEwjAh_j6_YCDAxU3lokEHd9UDnQQFnoECBMQAQ&url=https%3A%2F%2Fwww.nationalgridus.com%2Fnews%2Fcategory%2Fupstate-ny%2F&usg=AOvVaw1eL4CEEN8NZYCq2DZOmqQd&opi=89978449). Overall, all these organizations work in conjunction to regulate the New York State energy market.

## **Policy Updates in November **

- [**ConEd – Electric Vehicle Charging Station Make-Ready Program**](https://www.coned.com/en/our-energy-future/electric-vehicles/power-ready-program)[**\[6\]**](applewebdata://037D5DB6-00BE-4191-9360-3F998A3BD156#_ftn6): provides up to 100% of funding for the costs associated with building electric vehicle charging stations based on project eligibility incentives. Recently, a key addition to this program is focused on coverage towards disadvantaged communities. 
- [NY-Sun PV Incentive Program](https://www.nyserda.ny.gov/All-Programs/NY-Sun)[\[7\]](applewebdata://037D5DB6-00BE-4191-9360-3F998A3BD156#_ftn7): NYSERDA provides performance-based incentives for the installation of non-residential new grid connected solar photovoltaic systems ranging from 750kW to 7.5MW in the Upstate region. Incentives are awarded on a first come basis until 12/31/30.
- [Clean Energy Standard](https://www.nyserda.ny.gov/All-Programs/Clean-Energy-Standard)[\[8\]](applewebdata://037D5DB6-00BE-4191-9360-3F998A3BD156#_ftn8): on 3/22, the NYPSC [revised](https://documents.dps.ny.gov/public/MatterManagement/MatterFilingItem.aspx?FilingSeq=283323&MatterSeq=48235) the percentages to 3.25% and 6.16% for 2023. In this order, the NYPSC also announced a 6.45% obligation for 2024. 
- [Offshore Wind Standard](https://www.nyserda.ny.gov/All-Programs/Offshore-Wind/About-Offshore-Wind#:~:text=The%20law%20mandates%20that%20at,offshore%20wind%20energy%20by%202035.)[\[9\]](applewebdata://037D5DB6-00BE-4191-9360-3F998A3BD156#_ftn9): the 2022 solicitation has provisionally awarded contracts for 4,032 MW of capacity, while the 2023 solicitation deadline is 1/25/24. Regulatory actions on the Offshore Wind Standard take place in [Case No. 18-E-0071](http://documents.dps.ny.gov/public/MatterManagement/CaseMaster.aspx?MatterCaseNo=18-e-0071). 

---

[\[1\]](applewebdata://037D5DB6-00BE-4191-9360-3F998A3BD156#_ftnref1) Renewable Policy Standard (NYSERDA, 2023). 

[\[2\]](applewebdata://037D5DB6-00BE-4191-9360-3F998A3BD156#_ftnref2) Regional Greenhouse Gas Initiative (NYSERDA, 2023). 

[\[3\]](applewebdata://037D5DB6-00BE-4191-9360-3F998A3BD156#_ftnref3) We are the New York State Energy Research and Development Authority (NYSERDA, 2023).

[\[4\]](applewebdata://037D5DB6-00BE-4191-9360-3F998A3BD156#_ftnref4) Ensuring Safe and Reliable Utility Service for New Yorkers (Department of Public Service, 2023).

[\[5\]](applewebdata://037D5DB6-00BE-4191-9360-3F998A3BD156#_ftnref5) Delivering the Grid of the Future (NYISO, 2023).

[\[6\]](applewebdata://037D5DB6-00BE-4191-9360-3F998A3BD156#_ftnref6) Power-Ready Electric Vehicle Program (Con Edison, 2023).

[\[7\]](applewebdata://037D5DB6-00BE-4191-9360-3F998A3BD156#_ftnref7) NY-Sun (NYSERDA, 2023).

[\[8\]](applewebdata://037D5DB6-00BE-4191-9360-3F998A3BD156#_ftnref8) Clean Energy Standard (NYSERDA,2023). 

[\[9\]](applewebdata://037D5DB6-00BE-4191-9360-3F998A3BD156#_ftnref9) About Offshore Wind (NYSERDA, 2023).

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