The New York State Energy Research and Development Authority (NYSERDA)’s Retail Energy Storage Incentive Program provides financial incentives for new grid-connected energy storage systems up to five megawatts of alternating current (AC) connection located either with load or connected directly into the distribution system. Energy storage systems under this program must be operated primarily for electric load management or shifting electric generation to more beneficial time periods while operating in parallel with the utility grid. Eligible energy storage systems are chemical, thermal, or mechanical systems that may be installed alone or paired with another distributed energy resource technology.
Incentives are only available for new, permanent, stationary energy storage systems designed and installed by Participating Contractors approved in the program. Incentives will be provided directly to the Participating Contractor of record for the project. Participating Contractors may apply for incentives here. To receive incentive funding in any of the Investor Owned Utility (IOU) service territories, the customer must contribute to the System Benefits Charge (SBC) as evidenced by a recent utility bill. Incentive levels and the program manual, which details the incentive rules and requirements, are both available at: https://www.nyserda.ny.gov/All-Programs/Programs/Energy-Storage/Developers-Contractors-and-Vendors/Retail-Incentive-Offer