S 4178 New York Solar Development and Jobs Act of 2011

The New York Solar Industry Development and Jobs Act of 2011 is dedicated to funding solar energy efforts in New York. Designed to enable the rapid and sustainable development of a robust solar power industry within New York State, the act promotes the creation of a diverse and competitive solar energy market by encouraging energy providers to invest in solar energy resources. The act will require New York energy providers to purchase solar renewable energy credits from solar panel owners. With a steadily rising percentage of credits that must be purchased, the act strives to increase the use of renewable energy in the state. Among the many goals of the act are the creation of jobs, reduction of long-term costs of energy generation, increased reliability of the state’s grid, and reduced emissions of greenhouse gases and pollutants.