New York S 1470: Directs a full cost benefit analysis of the technical and economic feasibility of renewable energy systems in the state of New York and to compare such directly with other methods of electricity generation

Bill Text

Bill Search and Legislative Information | New York State Assembly 

• 

• 

• 

• 

• 

• 

• 

• 

 Skip to main content 

 New York State Assembly

 Speaker Carl E. Heastie

 --> 
 --> 

 --> 

• 
 Assembly Members 

• 
 Legislative Info 

• 
 Public Hearings 

• 
 Speaker's Press 

• 
 Assembly Reports 

• 
 Committees & More 

• Bill Search Home
• Laws
• Legislative Calendar
• Public Hearing Schedule
• Assembly Calendars
• Assembly Committee Agenda 

 Javascript must be enabled to properly view this page. 

 Bill No.: 

• Summary 
• Actions 
• Committee&nbspVotes 
• Floor&nbspVotes 
• Memo 
• Text 
• LFIN 
• Chamber&nbspVideo/Transcript 
S01470 Summary:

BILL NOS01470 

&nbsp

SAME ASSAME AS A06260

&nbsp

SPONSORSTEC

&nbsp

COSPNSRBORRELLO, GALLIVAN, MATTERA, OBERACKER, O'MARA, ORTT, PALUMBO, WALCZYK

&nbsp

MLTSPNSR

&nbsp

Add §66-x, Pub Serv L

&nbsp

Directs the public service commission in consultation with NYSERDA to conduct a full cost benefit analysis of the technical and economic feasibility of renewable energy systems in the state of New York and to compare such directly with other methods of electricity generation within nine months after the effective date and every four years thereafter.

Go to top S01470 Actions:

BILL NOS01470 

&nbsp

01/10/2025REFERRED TO ENERGY AND TELECOMMUNICATIONS

01/07/2026REFERRED TO ENERGY AND TELECOMMUNICATIONS

Go to topS01470 Committee&nbspVotes:

Go to topS01470 Floor&nbspVotes:

There are no Assembly votes for this bill in this legislative session.

Go to topS01470 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 1470

 2025-2026 Regular Sessions

 IN SENATE

 January 10, 2025
 ___________

 Introduced by Sens. STEC, BORRELLO, GALLIVAN, MATTERA, OBERACKER,
 O'MARA, ORTT, PALUMBO, WALCZYK -- read twice and ordered printed, and
 when printed to be committed to the Committee on Energy and Telecommu-
 nications

 AN ACT to amend the public service law, in relation to directing the
 public service commission to conduct a full cost benefit analysis of
 the technical and economic feasibility of renewable energy systems in
 the state of New York and to compare such directly with other methods
 of electricity generation

 The People of the State of New York, represented in Senate and Assem-
 bly, do enact as follows:

 1 Section 1. The public service law is amended by adding a new section
 2 66-x to read as follows:
 3 § 66-x. Supplemental study of the costs, benefits, technical and
 4 economic feasibility of meeting the New York state climate leadership
 5 and community protection act renewable energy targets. 1. Not later than
 6 nine months after the effective date of this section, and every four
 7 years thereafter, the commission, on behalf of the climate action coun-
 8 cil established by section 75-0103 of the environmental conservation
 9 law, and in consultation with the president of the New York state energy
 10 research and development authority and the presiding officer of the
 11 federally designated electric bulk system operator, shall publish and
 12 update a comprehensive study to determine the costs, benefits and over-
 13 all economic feasibility of meeting the climate leadership and community
 14 protection act ("CLCPA") targets for renewable energy systems in New
 15 York state.
 16 2. Such study shall include a full cost benefit analysis assessing the
 17 following, including, but not limited to:
 18 (a) The current state of technology in place for electric generation
 19 as of the date of the study, as well as new and emerging generation
 20 methods;

 EXPLANATION--Matter in italics (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD04496-01-5

 S. 1470 2

 1 (b) The impact of CLCPA renewable energy target compliance on elec-
 2 tricity wholesale prices, delivery rates and total bills that energy
 3 consumers in this state will pay, including indirect energy costs. This
 4 analysis would include the impacts of subsidies to site land-based and
 5 offshore renewable energy projects, the build-out of the electric
 6 infrastructure to receive and transmit renewable power, subsidies of
 7 energy storage projects, and the addition of new loads associated with
 8 deep electrification efforts in the residential, commercial, industrial
 9 and transportation sectors. This analysis shall address both short-term
 10 and long-term maintenance costs;
 11 (c) Direct and indirect costs associated with the transition to heat-
 12 ing and cooling provided by heat pumps powered by renewable energy
 13 systems;
 14 (d) The current civilian state of the art in nuclear reactor technolo-
 15 gy and the role such technology could play in the transition to a clean-
 16 er, more reliable, and more resilient energy portfolio in New York
 17 state;
 18 (e) The impact of renewable energy systems on the reliability of the
 19 electric system in this state, including but not limited to, volt