The New York State Public Service Commission (PSC) was an early adopter of the Value of Distributed Energy Resources (VDER) as a methodology to succeed Net Energy Metering to compensate Distributed Energy Resources (DER). The March 9, 2017 order in Case E-15-0751 established a methodology to compensate DER for five distinct sources of value:
- Energy
- Capacity
- Environmental
- Demand reduction
- Locational system relief
Concentric provided collaborative leadership, facilitation, regulatory advisory, and comment drafting support for New York’s large investor-owned electric utilities on this major policy initiative. VDER implementation was established in a September 17, 2017 order and continues to be refined by the PSC, with Concentric continuing its role to support New York’s investor-owned utilities.