News

Budget included policies to accelerate clean energy deployment like Sales Tax Exemption for Commercial Energy Storage and Grid-Enhancing Technologies 

ALBANY, NY – Today, the New York State Legislature passed their 2026 budget, and cost-saving clean energy measures were front and center. Industry advocates applauded the FY2026 Executive Budget as a major step forward in supporting New York’s clean energy transition. The budget included, but was not limited to, funding for electric school buses, expanded residential solar tax credits, funding for geothermal, green affordable pre-electrification, aSales Tax Exemption for commercial energy storage systems, and support for Grid-Enhancing Technologies (GETs) and Advanced Conductors. 

House Bill 93, a bill designed to accelerate the transition to clean energy, reduce electricity congestion, and lower costs for consumers, passes the House and now moves to Senate

SANTA FE, NM—House Bill (HB) 93, also known as the Advanced Grid Technology Act, sponsored by Representative Kristina Ortez, passed the House Floor today. The bill now moves to the Senate. The bill lays a foundation for a stronger, more resilient, and more efficient electric grid.

BOSTON, MA – Today, the Massachusetts state legislature set a model for the nation by passing comprehensive permitting and siting reforms for clean energy infrastructure, along with key advancements on grid-enhancing technologies and energy storage.National business association Advanced Energy United supported the bill throughout the legislative process. 

Electricity capacity prices skyrocketed 900% in latest auction 

TRENTON, NJ –Today, New Jersey Assembly Members James Kennedy, Andrea Katz, Robert Karabinchak, and David Bailey released a joint statement on the 900% price increase announced last month by New Jersey’s electric grid operator, PJM. Prices in their annual capacity auction rose over 900 percent from $28.92 per megawatt-day to $269.92. By the end of 2025, New Jersey ratepayers will likely see electricity bill increases of as much as 29 percent.

Electricity capacity prices skyrocketed 900% in latest auction 

ANNAPOLIS, MD – Today, Maryland State Senator Ron Watson and Maryland Delegates Adrian Boafo, Lorig Charkoudian, David Fraser-Hidalgo, and Natalie Ziegler released a joint statement on the skyrocketing electricity prices announced last week byMaryland’s electric grid operator, PJM. Prices in its annual capacity auction rose over 900 percent, from $28.92 per megawatt-day to $269.92. The price increase was most significant in Maryland, rising to $466.35. Next June, most Maryland ratepayers will likely see electricity bill increases well over 30 percent.  

These prices are driven in large part by the grid operator’s years-long issues in getting more generating resources connected to the grid. At the end of 2023, PJM had 3,309 projects – mostly solar and battery storage – waiting to connect to the grid and provide cheaper power to the region. PJM earned a national-worst “D-” in a recent scorecard from Advanced Energy United of all grid operator interconnection processes earlier this year, with developers forced to wait longer in PJM than any other region in the country. These clean energy projects together have enough capacity to replace all the generation currently operating in the PJM system, even after planned fossil fuel plant retirements. Because of this backlog, new renewable projects cannot even apply to bring power to Maryland consumers until 2026.