The New York State Reforming the Energy Vision (REV) initiative aims to answer the question of how to proceed with New York’s energy future in the face of aging electric generating plants and the need for a more resilient energy infrastructure.

Electric Bill for Average Household in a Representative NY Town (600 kWh)

Overview
The initiative – announced by Governor Cuomo in April 2014 – tasks the New York Public Service Commission (NY PSC) to move the state’s energy sector towards a decentralized, market-based structure. By incorporating distributed generation, demand response, higher levels of renewable energy sources, and greater customer interaction through outreach and technology, REV aims to lower energy costs and create a cleaner, more efficient, and more reliable electric grid.

Despite the inherent challenges to the traditional one-way power flow utility business model, NY State utilities are working directly with other stakeholders to design a sustainable system while still recovering costs.

Originally Published on June 2, 2014. 

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