The Long Island Power Authority (LIPA) has approved the CLEAN Solar Initiative (CSI), which the utility says is expected to result in the deployment of 50 MW of local solar energy generation within two years.
Under the CSI program, LIPA will purchase all of the energy generated by 50 MW of local solar projects at a fixed rate of $0.22/kWh for 20 years. Projects must be at least 50 kW, and LIPA expects that the largest projects will be in the 3 MW range.
Because all projects must be interconnected to LIPA's distribution grid, no new transmission lines will be required.
The utility will begin accepting applications on July 16. More information on the program is available here.