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NYPA, Lake Placid Partner on Two Solar PV Units: Grant Helps Village Fund Clean Energy Projects

Contacts:
Christine Pritchard
518-433-6700
christine.pritchard@nypa.gov
Kimberly Rielly
518-637-6559

May 19, 2010

FOR IMMEDIATE RELEASE

LAKE PLACID—New York Power Authority (NYPA) President and  Chief Executive Officer Richard M. Kessel today was joined by Lake Placid Village Mayor Craig Randall  and members of the Lake Placid Green Team to announce a partnership to advance clean energy initiatives throughout the community.  Highlighting such efforts are two 10 kilowatt solar photovoltaic (PV) projects that will be installed in the Village as part of NYPA’s Solar PV Incentive Program for its Municipal and Rural Electric System Cooperative customers.  

“In these difficult economic times, it is critical to do everything possible to alleviate the burden on New Yorkers coping with high electricity costs,” Kessel said. “Together with our partners such as the Village of Lake Placid and other municipal electric and rural cooperative systems, we are encouraging the growth of renewable energy systems so that residents and businesses can lower their energy costs and reduce their carbon footprint.

“I commend Kate Fish, Jen Holderied, the co-chairs of the Lake Placid Green Team, as well as Mayor Randall and others, for their efforts to advance clean energy and energy conservation throughout the community. It is initiatives such as this that lead the way toward promoting energy independence and energy savings,” added Kessel.

 “We are in the process right now of designing the two projects and under the grant award from NYPA we may be able to select an additional location for a solar project,” said Mayor Randall. “We commend the Power Authority for commencing this important renewable energy program that will help our community lower its energy demand and help our residents lower their power bills.”

NYPA is providing $125,000 in funding for residential solar programs to the Village. To date, $40,000 in grants for each of two solar projects in Lake Placid have already been approved.  Peter Kroha, electric superintendent with the Lake Placid electric system, noted the two sites chosen will be ground mounted units at the River Side Drive Farm and a rooftop system at 516 Mirror Lake Drive.

NYPA is offering this incentive to its municipal customers for the installation of solar systems as part of its effort to support the State’s “45 by 15” innovative plan for New York to meet 45 percent of its electricity needs through improved energy efficiency and clean, renewable energy by 2015.

Typical small PV systems can cost around $8 per watt. The incentive under the NYPA lower that cost to $4 per watt and will apply to systems up to 10 kilowatts at residential and commercial facilities. Both the state and federal governments also offer tax credits for solar PV installations.

Kessel also noted several other NYPA-sponsored programs that the Village of Lake Placid has participated in over the past several years. They include:

During the past 15 years, NYPA also has partnered with the Olympic Regional Development Authority, another member of the Green Team, on several projects to maintain and upgrade the Olympic facilities:

About NYPA:

■ The New York Power Authority uses no tax money or state credit. It finances its operations through the sale of bonds and revenues earned in large part through sales of electricity. ■ NYPA is a leader in promoting energy efficiency, new energy technologies and electric transportation initiatives. ■ It is the nation's largest state public power organization, with 17 generating facilities in various parts of New York State and more than 1,400 circuit-miles of transmission lines. ■ More than 80 percent of the electricity it produces is clean renewable hydropower.  Its lower-cost power production and electricity purchases support hundreds of thousands of jobs throughout the state. ■For more information, www.nypa.gov.

 

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