Glossary


NYSERDA


Clean energy can power New York while protecting the environment. The New York State Energy Research and Development Authority, known as NYSERDA, promotes energy efficiency and the use of renewable energy sources. These efforts are key to developing a less polluting and more reliable and affordable energy system for all New Yorkers. Collectively, NYSERDA’s efforts aim to reduce greenhouse gas emissions, accelerate economic growth, and reduce customer energy bills. NYSERDA serves as a catalyst – advancing energy innovation, technology, and investment; transforming New York's economy; and empowering people to choose clean and efficient energy as part of their everyday lives.



DPS


The primary mission of the New York State Department of Public Service is to ensure affordable, safe, secure, and reliable access to electric, gas, steam, telecommunications, and water services for New York States residential and business consumers, while protecting the natural environment.

The Department also seeks to stimulate effective competitive markets that benefit New York consumers through strategic investments, as well as product and service innovations.


ESCO


An Energy Service Company (ESCO) is a business that provides a broad range of energy solutions including designs and implementation of energy savings projects, retrofitting, energy conservation, energy infrastructure outsourcing, power generation and energy supply, and risk management. 


RENEWABLE ENERGY


Renewable energy is energy produced from sources that do not deplete or can be replenished within a human's life time. The most common examples include wind, solar, geothermal, biomass, and hydropower. This is in contrast to non-renewable sources such as coal, oil and natural gas.

Renewable energy provides reliable power supplies and fuel diversification, which enhance energy security; lower risk of fuel spills, and reduce the need for imported fuels. Renewable energy also helps conserve the nation's natural resources.