Energy storage station construction subsidies

What are the benefits of a residential storage system?

Residential storage: Primarily used for home resiliency to deliver back-up power, these systems can also shift energy consumption to off-peak hours and integrate home solar for a low-cost clean energy supply. Residential storage systems can be eligible for Inflation Reduction Act tax credits.

Should energy storage be included in the electric grid?

Integrating storage in the electric grid, especially in areas with high energy demand, will allow clean energy to be available when and where it is most needed. As New York continues to invest and build a cleaner grid, energy storage will allow us to use existing resources more efficiently and phase out the dirtiest power plants.

How will energy storage impact New York?

Storage will increase the resilience and efficiency of New York’s grid, which will be 100% carbon-free electricity by 2040. Additionally, energy storage can stabilize supply during peak electric usage and help keep critical systems online during an outage. All of this while creating an industry that could employ at least 30,000 New Yorkers by 2030.

Why is energy storage important?

Energy storage is essential for creating a cleaner, more efficient, and resilient electric grid. Additionally, these projects will provide meaningful benefits to Disadvantaged Communities and Low-to-Moderate Income New Yorkers. Energy storage is essential to a resilient grid and clean energy system.