New York S 6480: Directs the public service commission and the Long Island power authority to extend appropriate elements of the compensation under the "Value Stack" to resources located behind customer electric meters

Bill Text

STATE OF NEW YORK
________________________________________________________________________
6480
2021-2022 Regular Sessions
IN SENATE
April 30, 2021
___________
Introduced by Sen. PARKER -- read twice and ordered printed, and when
printed to be committed to the Committee on Energy and Telecommuni-
cations
AN ACT directing the public service commission and the Long Island power
authority to extend elements of the compensation under the "Value
Stack" to behind-the-meter resources
The People of the State of New York, represented in Senate and Assem-
bly, do enact as follows:
1 Section 1. Within one hundred twenty days of the effective date of
2 this act the public service commission shall, after a hearing held on
3 notice, extend appropriate elements of the compensation under the "Value
4 Stack", as adopted by the commission in case 15-E-0751, to resources
5 located behind customer electric meters.
6 § 2. Within one hundred eighty days of the effective date of this act,
7 the Long Island power authority shall extend appropriate elements of the
8 compensation under the "Value Stack", as adopted in the authority's
9 Value of Distributed Energy Resources tariff, to resources located
10 behind customer electric meters.
11 § 3. This act shall take effect immediately.
EXPLANATION--Matter in (underscored) is new; matter in bracketsitalics
[ ] is old law to be omitted.
LBD11147-01-1