The Residential and Retail Energy Storage Market Acceleration Incentives Program provides financial incentives for the installation of new grid-connected distributed residential and nonresidential energy storage systems by participating contractors. Incentives are structured as fixed-rate incentives per kWh of system energy capacity, and are available on a standard offer first-come, first-served basis. Storage systems may be standalone, or paired with a new or existing clean on-site generation like solar, fuel cells, or combined heat and power.
The Residential Energy Storage Incentive is available for New York State residents installing grid-connected energy storage on a new or existing home. Incentives are available for up to 25 kWh of storage capacity. The Retail Energy Storage Incentive is available for projects up to 5 megawatts (MW). Projects must be new, permanent, and stationary. Commercially-available chemical, thermal, and mechanical technologies are eligible, and energy storage projects may be either located behind a customer’s electric meter, or interconnected directly to the distribution network. Projects awarded Retail Energy Storage incentives must provide value to a customer under an investor-owned utility or New York State Independent System Operator (NYISO) tariff, such as offsetting demand charges, receiving compensation under New York State’s value of distributed energy resources (VDER) tariff, or participating in NYISO’s DER & Aggregation Participation Model.
Apply to become a participating contractor here: https://portal.nyserda.ny.gov/CORE_CONAPP_Program_Page
Contractor and Builder applications currently being accepted.
Funding for Retail Energy Storage incentives will be available May 20, 2025
Funding for Residential Energy Storage incentives will be available June 10, 2025
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