Energy Research and Development Authority, New York Stateskip breadcrumbs
Agency Web Site: http://nyserda.ny.gov/
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.
The Executive Budget recommends $28.3 million for NYSERDA, a decrease of $24.9 million from 2013-14. This decrease reflects the discontinuation of a $25 million appropriation for the Cleaner, Greener Communities program that was included in the 2013-14 Budget. Funding for the Cleaner, Greener Communities program will be reauthorized in 2014-15 via a $25 million reappropriation.
Major budget actions include $16.2 million in funding, the same level as 2013-14, for the Authority’s research, demonstration and development programs, which funds energy analysis and planning activities and a competitive research and development grant program.
For more information on this agency's budget recommendations located in the Executive Budget Briefing Book, click on the following link:
|Aid To Localities||7,439,000||7,369,000||(70,000)||0|
Note: Most recent estimates as of 01/20/2014