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Clean Solar Initiative Feed-In Tariff II - 100MW

Second Solar Feed-In Tariff for Interconnection of Distributed Resource Equipment from 100kW up to 2MW in Parallel with our Distribution System

FIT II application period has closed and was fully subscribed.
After a four-month application period that ended on January 31, 2014, PSEG Long Island received 178 proposals from 55 separate entities, which reflected a variety of proposed bids. Following a comprehensive analysis, the final bid price of $0.1688 per kilowatt hour (kWh) was selected to be paid to developers for solar photovoltaic systems of various sizes and types that are anticipated to be constructed across Long Island. In total, this 100 MW of solar energy is expected to be generated from 76 separate projects, which is enough to power about 13,000 homes. These solar photovoltaic systems will provide clean, renewable energy for at least the next 20 years, and will create hundreds of construction jobs.

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Clean Solar Initiative Feed-In Tariff (FIT) - 50MW

As of October 7, 2013 FIT-I has closed upon the opening of FIT-II.

Our Clean Solar Initiative Feed-In Tariff (FIT) is a program in which the owner of an eligible solar photovoltaic (PV) electric system is paid a fixed rate for every solar kilowatt hour generated over the term of a Purchase Power Agreement (PPA) between the owner and us which will have a 20-year term. FIT project MUST be interconnected at the distribution level of 13.2 kV.

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Last Updated 03/25/2015 12:43 PM