Current Funding Opportunities Closed Funding Opportunities

Residential and Retail Energy Storage Market Acceleration Incentives Programs (PON 6004)

Due Date:  Continuous

Description

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. Incentives are available for  market-rate residential and non-residential energy storage projects with higher rates available for projects in disadvantaged communities through the Inclusive Storage Incentives (ISI).   

The Residential Energy Storage Incentive and Residential Inclusive Storage Incentive (Residential ISI) are available for New York State residents installing grid-connected energy storage on a new or existing home.  Incentives are available for up to 25 kilowatt-hours (kWh) of storage capacity.

The Retail Energy Storage Incentive and Retail Inclusive Storage Incentive (Retail ISI) are available for projects up to 5 megawatts (MW) and 20 megawatt-hours (MWh) of storage capacity.  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.
 

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