New York A 4588: Establishes New York state renewable electric generation pilot programs

Bill Text

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A04588 Summary:

BILL NOA04588 

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SAME ASNo Same As

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SPONSORCunningham

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COSPNSR

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MLTSPNSR

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Add §73-b, Pub Serv L

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Establishes New York state renewable electric generation pilot programs to authorize the development of up to three hundred megawatts of renewable electric capacity statewide, in order to stimulate the growth of clean, affordable and reliable sources of energy and to foster new partnerships between electric corporations, energy producers and energy customers in this state.

Go to top A04588 Actions:

BILL NOA04588 

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02/04/2025referred to energy

01/07/2026referred to energy

Go to topA04588 Committee&nbspVotes:

Go to topA04588 Floor&nbspVotes:

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

Go to topA04588 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 4588

 2025-2026 Regular Sessions

 IN ASSEMBLY

 February 4, 2025
 ___________

 Introduced by M. of A. CUNNINGHAM -- read once and referred to the
 Committee on Energy

 AN ACT to amend the public service law, in relation to New York state
 renewable electric generation pilot programs

 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 73-b to read as follows:
 3 § 73-b. New York state renewable electric generation pilot programs.
 4 1. The commission shall establish New York state renewable electric
 5 generation pilot programs to authorize the development of up to three
 6 hundred megawatts of renewable electric capacity statewide, in order to
 7 stimulate the growth of clean, affordable, and reliable sources of ener-
 8 gy and to foster new partnerships between electric corporations, energy
 9 producers and energy customers in New York state.
 10 2. (a) The commission shall oversee the implementation of the pilot
 11 programs and shall direct electric corporations to build or cause to be
 12 built renewable energy facilities to be financed under terms established
 13 through an order of the commission which shall authorize capital and
 14 operating costs to be recovered in the corporations rate base and to
 15 earn a reasonable return over a period to be determined by the commis-
 16 sion, provided that the corporation shall, at minimum, provide the
 17 commission with the following:
 18 (i) A detailed description and economic evaluation of the proposed
 19 investment;
 20 (ii) A discussion of the costs, benefits, and risks of the proposal,
 21 including an analysis of the costs, benefits, and rate implications to
 22 the participating customers, to the company's default service customers,
 23 and to the utility's distribution customers;

 EXPLANATION--Matter in italics (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD06495-01-5

 A. 4588 2

 1 (iii) A description of any equipment or installation specifications,
 2 solicitations, and procurements it has implemented or intends to imple-
 3 ment;
 4 (iv) A showing that it has made reasonable efforts to involve local
 5 businesses in its program;
 6 (v) Evidence of compliance with all applicable emission limitations;
 7 and
 8 (vi) A copy of any customer contracts or agreements to be executed as
 9 part of the program.
 10 (b) Renewable generation facilities eligible to be constructed and
 11 financed under the New York state renewable electric generation pilot
 12 programs shall:
 13 (i) generate electricity through use of the following technologies:
 14 solar; wind; photovoltaics; tidal; geothermal; and fuel cells; or
 15 (ii) generate electricity through low-impact, run-of-river hydroelec-
 16 tric electric generating equipment with capacity up to thirty megawatts
 17 with no new storage impoundment;
 18 (iii) be manufactured, installed and operated in accordance with
 19 applicable government and industry standards;
 20 (iv) connect to the electric system and operated in parallel with an
 21 electric corporation's transmission and distribution facilities;
 22 (v) operate in compliance with any standards and requirements estab-
 23 lished by the commission; and
 24 (vi) be located within the state, including facilities that consist of
 25 customer-owned or leased generators.