Public Service Commission Adopts Geothermal Rates March 18 2019, 0 Comments

On March 14th the NY PSC adopted the joint settlement in the Orange & Rockland rate case. The Commission created a new, lower electric rate available to residential customers who use geothermal technology, subject to certain technological requirements, and to other residential customers without qualifying geothermal units, capped at 500 participants during the three years covered by the rate plan.