New York S 688: Includes geothermal energy systems within the meaning of the term "qualified energy efficiency services" for purposes of on-bill financing under the power NY act of 2011

Bill Text

STATE OF NEW YORK
________________________________________________________________________
688
2017-2018 Regular Sessions
IN SENATE
January 4, 2017
___________
Introduced by Sen. ORTT -- read twice and ordered printed, and when
printed to be committed to the Committee on Energy and Telecommuni-
cations
AN ACT to amend the public authorities law, in relation to including
geothermal energy systems within the meaning of the term "qualified
energy efficiency services" for purposes of on-bill financing under
the power NY act of 2011
The People of the State of New York, represented in Senate and Assem-
bly, do enact as follows:
1 Section 1. Paragraphs (m) and (n) of subdivision 12 of section 1891 of
2 the public authorities law, paragraph (m) as amended and paragraph (n)
3 as added by chapter 386 of the laws of 2013, are amended and a new para-
4 graph (o) is added to read as follows:
5 (m) fuel switching to convert an electrically-heated building to a
6 more efficient heating source provided that significant energy cost-sav-
7 ings can be demonstrated pursuant to standards established by the
8 authority; [ ]and
9 (n) installation of energy technologies eligible for net energy meter-
10 ing pursuant to section sixty-six-j or sixty-six-l of the public service
11 law[ ]. ; and
12 (o) purchase and installation of geothermal energy systems.
13 § 2. This act shall take effect January 1, 2018.
EXPLANATION--Matter in (underscored) is new; matter in bracketsitalics
[ ] is old law to be omitted.
LBD04317-01-7