New York A 3717: Requires on-bill financing be an option for certain energy efficiency services and requires the disclosure of on-bill financing prior to the sale of real property

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A03717 Summary:

BILL NOA03717 

&nbsp

SAME ASNo Same As

&nbsp

SPONSORBurke

&nbsp

COSPNSR

&nbsp

MLTSPNSR

&nbsp

Add §1885, amd §1851, Pub Auth L; add §54, Pub Serv L; amd §242, RP L

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Requires on-bill financing be an option for certain energy efficiency services; requires the disclosure of on-bill financing prior to the sale of real property.

Go to top A03717 Actions:

BILL NOA03717 

&nbsp

01/30/2025referred to corporations, authorities and commissions

01/07/2026referred to corporations, authorities and commissions

Go to topA03717 Committee&nbspVotes:

Go to topA03717 Floor&nbspVotes:

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

Go to topA03717 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 3717

 2025-2026 Regular Sessions

 IN ASSEMBLY

 January 30, 2025
 ___________

 Introduced by M. of A. BURKE -- read once and referred to the Committee
 on Corporations, Authorities and Commissions

 AN ACT to amend the public authorities law, the public service law, and
 the real property law, in relation to requiring on-bill financing be
 an option for certain energy efficiency services and requiring the
 disclosure of on-bill financing prior to the sale of real property

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

 1 Section 1. The public authorities law is amended by adding a new
 2 section 1885 to read as follows:
 3 § 1885. On-bill financing option required. Any person who offers ener-
 4 gy efficiency services shall offer on-bill financing for such services.
 5 § 2. Section 1851 of the public authorities law is amended by adding a
 6 new subdivision 12 to read as follows:
 7 12. "Energy efficiency services" means a modification to a structure
 8 approved by the authority which is consistent with standards established
 9 by the authority and that will increase the energy efficiency and
 10 conservation of a new or existing structure, including but not limited
 11 to:
 12 (a) application of weatherstripping, caulking, sealant and other mate-
 13 rials around doors, windows, and other areas of a building for the
 14 purpose of insulating or sealing openings in the building envelope and
 15 within the building to mitigate energy loss;
 16 (b) testing, repairing and replacing heating or cooling systems or
 17 components of such systems;
 18 (c) thermostat upgrades;
 19 (d) water heater repair and replacement;
 20 (e) roof, chimney, fireplace and roof vent repair, insofar as such
 21 repairs are determined by an energy audit to be necessary to mitigate
 22 energy loss or resolve energy system related health and safety issues;

 EXPLANATION--Matter in italics (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD08067-01-5

 A. 3717 2

 1 (f) repair and replacement of storm windows, permanent windows and
 2 exterior doors;
 3 (g) repair or replacement of major household appliances;
 4 (h) installation of thermal solar heat or hot water systems;
 5 (i) addition of insulation to exterior walls or ceilings;
 6 (j) replacement of inefficient light bulbs and lighting fixtures and
 7 systems;
 8 (k) minor repairs that are necessary to ensure maximum efficiency from
 9 the provision of energy efficiency services;
 10 (l) installation of carbon monoxide detectors and indoor environmental
 11 testing and mitigation deemed necessary as a result of the provision of
 12 other energy efficiency services;
 13 (m) fuel switching to convert an electrically-heated building to a
 14 more efficient heating source provided that significant energy cost-sav-
 15 ings can be demonstrated pursuant to standards established by the
 16 authority;
 17 (n) installation of energy technologies eligible for net energy meter-
 18 ing pursuant to section sixty-six-j or sixty-six-l of the public service
 19 law; and
 20 (o) purchase and installation of geothermal energy systems.
 21 § 3. The public service law is amended by adding a new section 54 to
 22 read as follows:
 23 § 54. On-bill financing option required. 1. Any person, corporation,
 24 or municipality who offers energy efficiency services shall offer
 25 on-bill financing for such services.
 26 2. For the purposes of this section, the term "energy efficiency