New York S 1331: Creates a revolving loan fund authority for the purpose of building renewable energy storage systems scaled to function as microgrids to power housing owned by the New York city housing authority

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S01331 Summary:

BILL NOS01331 

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SAME ASSAME AS A07144

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SPONSORPARKER

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COSPNSRJACKSON

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MLTSPNSR

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Add §1879-a, Pub Auth L

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Creates a revolving loan fund through the New York state energy research and development authority for the purpose of building renewable energy storage systems scaled to function as microgrids to power housing owned by the New York city housing authority.

Go to top S01331 Actions:

BILL NOS01331 

&nbsp

01/09/2025REFERRED TO ENERGY AND TELECOMMUNICATIONS

02/25/2025REPORTED AND COMMITTED TO FINANCE

01/07/2026REFERRED TO ENERGY AND TELECOMMUNICATIONS

Go to topS01331 Committee&nbspVotes:

Go to topS01331 Floor&nbspVotes:

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

Go to topS01331 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 1331

 2025-2026 Regular Sessions

 IN SENATE

 January 9, 2025
 ___________

 Introduced by Sens. PARKER, JACKSON -- read twice and ordered printed,
 and when printed to be committed to the Committee on Energy and Tele-
 communications

 AN ACT to amend the public authorities law, in relation to creating a
 revolving loan fund through the New York state energy research and
 development authority for the purpose of building renewable and energy
 storage systems scaled to function as microgrids to power housing
 owned by the New York city housing authority

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

 1 Section 1. This act shall be known and may be cited as the "NYCHA
 2 microgrids development and revolving loan act".
 3 § 2. The public authorities law is amended by adding a new section
 4 1879-a to read as follows:
 5 § 1879-a. NYCHA microgrid loan program. 1. The authority is hereby
 6 authorized and directed to establish a revolving loan fund, subject to
 7 available appropriations for such purpose, in order to provide zero-per-
 8 cent interest loans to the New York city housing authority to finance
 9 energy services from renewable solar energy systems, battery or other
 10 zero emission technology storage systems and/or any other renewable
 11 generation systems as defined in section sixty-six-p of the public
 12 service law for the purpose of implementing any state clean energy stan-
 13 dard, all of which are scaled to function as microgrids for housing
 14 owned by the New York city housing authority. The authority, in cooper-
 15 ation with the New York power authority, shall issue a competitive
 16 request for proposals from project developers that are not subject to
 17 cost of service ratemaking for the construction and installation of the
 18 renewable solar energy systems, battery or other zero emission technolo-
 19 gy storage systems and/or any other renewable generation systems as
 20 defined in section sixty-six-p of the public service law that are scaled
 21 to function as microgrids for New York city housing authority housing.

 EXPLANATION--Matter in italics (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD01255-01-5

 S. 1331 2

 1 Such microgrid systems funded through this section shall be constructed
 2 with consideration given to increasing the demand for electricity caused
 3 by the adoption of "beneficial electrification" policies proposed pursu-
 4 ant to the climate leadership and community protection act.
 5 2. Notwithstanding any policies, practices, or orders by the public
 6 service commission to the contrary, if excess energy is generated
 7 through the systems, this excess energy generated may be sold back to
 8 the grid.
 9 § 3. Notwithstanding any provision of law to the contrary, as deemed
 10 feasible and advisable by its trustees, the New York power authority is
 11 authorized and directed to utilize a portion of its net income to
 12 support the restoration of electricity, heat and hot water services to
 13 tenants of the New York city housing authority and to provide energy
 14 services, including but not limited to electricity, heating, venti-
 15 lation, cooling, steam or hot water, to such tenants pursuant to energy
 16 performance contracts, as defined by subdivision four of section 9-102
 17 of the energy law, through a competitive procurement process.
 18 § 4. This act s