Bill Text: NY A01450 | 2017-2018 | General Assembly | Amended
Bill Title: Directs the public service commission to conduct a study of the reforming the energy vision initiative.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2018-01-03 - referred to energy [A01450 Detail]
Download: New_York-2017-A01450-Amended.html
STATE OF NEW YORK ________________________________________________________________________ 1450--B 2017-2018 Regular Sessions IN ASSEMBLY January 12, 2017 ___________ Introduced by M. of A. JENNE -- read once and referred to the Committee on Energy -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said committee -- again reported from said committee with amendments, ordered reprinted as amended and recommit- ted to said committee AN ACT to amend the public service law, in relation to directing the public service commission to conduct a study of the Reforming the Energy Vision initiative 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-o to read as follows: 3 § 66-o. Reforming the Energy Vision study. 1. The commission shall 4 annually conduct a study to analyze the economic and environmental bene- 5 fits and the economic costs and environmental burden, of the Reforming 6 the Energy Vision initiative (REV), the progress of achieving REV 7 related goals, and a description of all current regulatory, tariff, and 8 market designs and incentive structures that are intended to achieve REV 9 related goals. Such study and analysis shall include, but not be limited 10 to: 11 (a) an analysis of the initiatives costs and benefits for the purposes 12 of this study, the commission shall consider the impacts of reforming 13 the energy vision on electric rates charged to consumers through addi- 14 tional fees, increased rates or any other charges required to support 15 the initiative. 16 (b) a quantification of the approximate avoided level of emissions 17 including, but not limited to, information concerning: nitrogen dioxide, 18 sulfur dioxide and carbon dioxide, as well as other air pollutants 19 deemed necessary and appropriate for study by the commission, provided 20 the commission shall use its best efforts to determine environmental 21 leakage which occurs when there is an increase in air emissions outside EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD02549-05-7A. 1450--B 2 1 of New York as a result of energy load leaving New York due to the 2 increased cost of REV or REV related infrastructure costs for a 3 location with higher emissions per capita. The study shall also quantify 4 the economic costs and benefits of REV to participants and non-partici- 5 pants, by rate classes and shall further disaggregate the results by 6 utility. 7 (c) data on the impact on consumers resulting from the cost and 8 expense of replacing existing energy infrastructure including energy 9 transmission and distribution infrastructure; and market platform tech- 10 nology. 11 2. The commission shall publish a report based on its findings. The 12 report must be published within three hundred sixty-five days of the 13 effective date of this section, and every year thereafter. A copy of the 14 report must be furnished to the temporary president of the senate, the 15 speaker of the assembly, the chair of the senate energy and telecommuni- 16 cations committee and the chair of the assembly energy committee. 17 § 2. This act shall take effect immediately.