Another Mass Cancellation of Renewable Contracts Brewing in N.Y.
Costs Soaring for Earlier REC Deals that Lack Adjustment Mechanisms; 3 GW at Stake
A solar array is shown in southern New York. | Shutterstock
Apr 15, 2026
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Renewable energy certificate contracts signed years ago did not contain cost adjustment mechanisms and New York is refusing to consider adding them now, after construction costs soared.
NYISONYSERDAOnshore WindOnshore Wind PowerPublic Service CommissionUtility scale solarUtility-scale Solar
