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Commission Modifies Standardized Interconnection Requirements To Maximize Federal Investment Tax Credit Potential For DERs
In a press release the New York Public Services Commission (PSC) announces that it issued an order on interconnection queue management.
By this order the PSC modifies the Standardized Interconnection Requirements to maximize the potential for DERs in utility interconnection queues to capture federal investment tax credits, Internal Revenue Service (IRS) eligibility rules require potentially qualifying DER projects to enter service within specific time frames.
The Commission will allow utilities to schedule all potentially qualifying DER projects as a group and give such projects priority in the construction queue over DER projects that are not eligible for the tax credits. “This approach improves the utilities’ ability to plan and deploy their engineering and construction resources to support tax-credit eligible projects, ahead of others that are not eligible. Today’s action also provides developers flexibility to manage the development of their projects as needed, while providing greater certainty that IRS in-service dates will be met.”
24-E-0621
(Standardized Interconnection Requirements for Distributed Energy Resources and Strorage)
