State renewable energy credits penalize BPU for early adoption of hydropower
]Long before it was the fashionable thing to do, the city of Jamestown - through its Board of Public Utilities - invested heavily in renewable energy in the form of hydropower generated by Niagara Falls. That investment provides 90% of the power routed through the BPU into homes and businesses throughout the utility’s service territory. None of that matters a bit to New York state - and the state’s broken give a darn is taking money out of your bank account every month. Recently, the BPU board approved new Clean Energy Standard agreements with NYSERDA, as required by law. While ...