Let the Sun Shine: 26K+ Con Edison Customers Reach Milestone in Solar Generation
July 11 2019 - 12:00PM
Con Edison is marking a 250-megawatt (MW) milestone in solar energy
production thanks to more than 26,000 New York City and Westchester
County homeowners and businesses with panel installations.
Another 3,300 customers have 100 MW of solar projects in
progress. Residential account for more than 90 percent of the
projects and 50 percent of the overall capacity.
“When the first solar panels were installed in Westchester in
2001, the dynamic between the utility and the customer changed
forever. It required a new business model and spurred ideas that
informed the grid of future,” said Matthew Ketschke, senior vice
president of Customer Energy Solutions. “Solar technology allowed
us to redefine our relationship with customers, reconfigure our
energy delivery system, and rethink ways to improve reliability,
affordability, and sustainability.”
The change is comprehensive. It includes continued upgrades to
infrastructure to create a smarter, modernized grid able to
accommodate a two-way flow of electricity. The company continues
its work with state and local agencies, partners, and solar
installers to standardize regulations and policies. The company
also provides customers with information to help them decide
whether solar energy is right for them.
The tipping point for solar adoption occurred in early 2013.
Since then the amount of solar capacity increased 600 percent from
34 MW to 250 MW.
What’s Next in SolarSolar installations,
especially those that include battery storage, help make the grid
more efficient. Batteries allow excess energy produced by solar
panels to be stored and used when energy demand is high. That
reduces the need for power from less environmentally friendly
generation sources during times of peak demand. That makes the grid
more efficient and increases the return on investment for the
customer.
Con Edison’s Shared Solar program will make it possible for more
customers to participate in solar energy. The company plans to
install panels on the roofs of its buildings and make the power
available to low-income customers.
The company also supports utility ownership of large-scale
renewable generation, which could be less costly for customers
since utilities can finance and operate these projects less
expensively than private developers.
Through its Clean Energy Businesses, Con Edison, Inc. is one of
the largest solar providers in North America with 2,600 MW of
renewable (solar and wind) assets in 17 states. Con Edison’s assets
avoid 5.4 million tons of carbon dioxide emissions.
Con Edison is a subsidiary of Consolidated Edison, Inc. [NYSE:
ED], one of the nation’s largest investor-owned energy companies,
with approximately $12 billion in annual revenues and $55 billion
in assets. The utility delivers electricity, natural gas and steam
to 3.5 million customers in New York City and Westchester County,
N.Y. For financial, operations and customer service information,
visit conEd.com. For energy efficiency information, visit
coned.com/energyefficiency. Also, visit us on Twitter and
Facebook.
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