New York S 3616: Enacts the climate and community investment act

Bill Text

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S03616 Summary:

BILL NOS03616 

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SAME ASNo Same As

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SPONSORSANDERS

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COSPNSR

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MLTSPNSR

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Add §66-y, Pub Serv L; add §1020-nn, Pub Auth L

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Establishes a fuel cell incentive program to be managed by NYSERDA to encourage development of fuel cell generating systems.

Go to top S03616 Actions:

BILL NOS03616 

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01/29/2025REFERRED TO ENERGY AND TELECOMMUNICATIONS

01/07/2026REFERRED TO ENERGY AND TELECOMMUNICATIONS

Go to topS03616 Committee&nbspVotes:

Go to topS03616 Floor&nbspVotes:

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

Go to topS03616 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 3616

 2025-2026 Regular Sessions

 IN SENATE

 January 29, 2025
 ___________

 Introduced by Sen. SANDERS -- 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 service law and the public authorities law,
 in relation to establishing a fuel cell incentive program

 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-y to read as follows:
 3 § 66-y. Fuel cell incentive program. 1. As used in this section:
 4 (a) "Electric distribution company" means an investor-owned electric
 5 corporation that distributes and delivers electricity within this state
 6 and has annual revenues in excess of two hundred million dollars; and
 7 (b) "Qualified fuel cell electric generating system" means: a system
 8 based on a solid oxide, molten carbonate, proton exchange membrane or
 9 phosphoric acid fuel cell that is manufactured, installed and operated
 10 in accordance with applicable government and industry standards, and
 11 that is operated in compliance with any standards and requirements
 12 established in this chapter or by order of the public service commis-
 13 sion.
 14 2. Within forty-five days of the effective date of this section, the
 15 commission shall commence the consideration of modifications to its
 16 existing programs that encourage the development of qualified fuel cell
 17 electric generating systems and, no later than January first, two thou-
 18 sand twenty-six, the commission shall make a determination establishing
 19 modifications to its existing programs that encourage the development of
 20 qualified fuel cell generating systems in conformance with this section.
 21 The department shall consult with the New York state energy research and
 22 development authority in the preparation of its recommendations to the
 23 commission for such determination. The program modifications shall
 24 require:

 EXPLANATION--Matter in italics (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD08001-01-5

 S. 3616 2

 1 (a) administration by the New York state energy research and develop-
 2 ment authority;
 3 (b) planned annual expenditures including all costs of a minimum of
 4 fifty million dollars commencing in calendar year two thousand twenty-
 5 six and sustained each year through calendar year two thousand thirty-
 6 six;
 7 (c) a diversity of project sizes, geographic distribution, and partic-
 8 ipation among customer classes, subject to cost-effectiveness consider-
 9 ations;
 10 (d) incentive structures that maximize cost-effectiveness and practi-
 11 cality through competitive procurements, standing-offers, production
 12 incentives or capacity incentives at the wholesale or retail level as in
 13 the judgment of the commission, in consultation with the New York inde-
 14 pendent system operator, provide for the most effective program;
 15 (e) incentive structures that take into consideration the economic
 16 benefits to the state of New York;
 17 (f) program designs that take into consideration the avoidance of
 18 long-term costs to the transmission and distribution system and minimi-
 19 zation of peak load in constrained areas;
 20 (g) annual reports on the achievements and effectiveness of the
 21 program; and
 22 (h) such other issues deemed appropriate by the commission.
 23 § 2. The public authorities law is amended by adding a new section
 24 1020-nn to read as follows:
 25 § 1020-nn. Establish