The Cost of Climate Pollution

New York Public Service Commission Adopts Updated E-Value Using the SCC

hNew York Electric Power Sector April 2021

• Application

  Value of distributed energy resources 

• Date

  April 2021

• Details

  In a letter to the state's utilities, the New York Public Service Commission announced that it had updated the environmental value ("E-Value") component of the value stack for distributed energy resources to reflect the 2021 interim social cost of greenhouse gases estimates.

• SCC Value(s)

  $51/ton CO2 for year 2020 emissions. Source.

• Reference

  Case 15-E-0751 et al., VDER Phase One Order

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