Energy Research and Development Authority, New York State
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Mission
The New York State Energy Research and Development Authority (NYSERDA) facilitates change through the widespread development and use of innovative technologies to improve the State’s energy, economic and environmental well-being.
As part of its central mission, the Authority administers energy efficiency, technology development, and market development programs, funded principally through the System Benefits Charge, and the Renewable Portfolio Standard program.
Energy research, development and demonstration programs are managed by the Authority, funded primarily by assessments on gas and electric utilities. The Authority also issues tax-exempt bonds on behalf of investor-owned utilities for eligible capital improvements.
The Authority’s responsibilities include the development and analysis of energy policy options, the monitoring of fuel supplies, the management of the former nuclear fuel reprocessing plant at West Valley in Cattaraugus County and the management of the Saratoga Technology and Energy Park (STEP) in Saratoga County.
Budget Highlights
The Executive Budget recommends $53.2 million for NYSERDA. This is an increase of $23 million from the 2012-13 budget, reflecting $25 million in funding for the Cleaner, Greener Communities program, partially offset by decreased funding for nuclear waste cleanup activities at West Valley.
Major budget actions include:
- $25 million in new State funding for the Cleaner, Greener Communities program, a grant program that addresses climate change through energy efficiency, renewable energy, and other clean energy projects. These moneys will be used to fund $15 million in existing grant commitments and $10 million will be made available for new projects.
- $16.2 million in funding, the same level as 2012-13, for the Authority’s research, demonstration and development programs, which funds energy analysis and planning activities and a competitive research and development grant program.
- A $2 million decrease in capital funding, from $14 million to $12 million, for ongoing work at West Valley. The Authority’s costs at West Valley are largely dictated by a Federal match requirement, and are expected to decrease in 2013-14 as a result of decreased spending by the Federal government.
For more information on this agency's budget recommendations located in the Executive Budget Briefing Book, click on the following link:
Briefing Book – Environment and Energy (PDF)
| Category | Available 2012-13 |
Appropriations Recommended 2013-14 |
Change From 2012-13 |
Reappropriations Recommended 2013-14 |
|---|---|---|---|---|
| State Operations | 8,090,000 | 8,791,000 | 701,000 | 0 |
| Aid To Localities | 8,140,000 | 7,439,000 | (701,000) | 0 |
| Capital Projects | 14,000,000 | 37,000,000 | 23,000,000 | 0 |
| Total | 30,230,000 | 53,230,000 | 23,000,000 | 0 |
Note: Most recent estimates as of 01/22/2013