Bill Text: NY A09531 | 2021-2022 | General Assembly | Introduced

NOTE: There are more recent revisions of this legislation. Read Latest Draft

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Bill Title: Relates to providing net revenues from utility-owned large-scale renewable generation projects to low-income customers; authorizes utility companies to own such projects; provides that the commission shall require labor agreements and labor peace agreements.

Spectrum: Partisan Bill (Democrat 2-0)

Status: (Introduced - Dead) 2022-05-24 - amended on third reading (t) 9531a [A09531 Detail]

Download: New_York-2021-A09531-Introduced.html

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                STATE OF NEW YORK
        ________________________________________________________________________

                                          9531

                   IN ASSEMBLY

                                     March 16, 2022
                                       ___________

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

        AN  ACT  to  amend  the public service law, in relation to providing net
          revenues from utility-owned large-scale renewable generation  projects
          to  low-income  customers and authorizes utility companies to own such
          projects

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

     1    Section  1.  Legislative findings and intent. 1. New York state recog-
     2  nizes the deleterious impacts of climate change  including  increasingly
     3  frequent catastrophic weather events.
     4    2.  Pursuant  to the New  York  state climate leadership and community
     5  protection act (CLCPA), New York  state  seeks  to  dramatically  reduce
     6  greenhouse  gas  emissions  and move its electric generation from fossil
     7  fuel-based generation to renewable-based generation. New York state  has
     8  mandated  that seventy percent of electricity come from renewable energy
     9  sources by year 2030 and one hundred percent of  electricity  come  from
    10  carbon neutral sources by 2040.
    11    3.  Further, New York state recognizes that the current pace of devel-
    12  opment of in-state renewable energy resources is  insufficient  to  meet
    13  the state's statutory renewable generation goals on schedule.
    14    4.  Because  New  York  state seeks to accomplish these energy-related
    15  goals and standards as soon as practicable allowing regulated  utilities
    16  to  own  and operate renewable generation is essential to achieving such
    17  goals and to provide a consistent and affordable supply of  carbon-free,
    18  renewably generated electricity by 2030, through 2050 and beyond.
    19    5.  New  York  state  seeks  to continue to develop in-state renewable
    20  energy projects that will drive down costs, benefit customers  receiving
    21  retail  electric  delivery  particularly  those customers who are low to
    22  moderate income.
    23    § 2. The public service law is amended by adding a new section 66-s to
    24  read as follows:
    25    § 66-s. Regulated large scale renewable generation.  1.  In  order  to
    26  support  the  state in meeting state energy-related goals and standards,

         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD14768-01-2
        A. 9531                             2

     1  corporations subject to the provisions of this article providing  retail
     2  electric service shall be authorized to own and operate renewable energy
     3  generating  facilities  in  New  York  state. Such corporations shall be
     4  authorized  to  own and operate such facilities individually or in part-
     5  nership with other persons doing business in New York.
     6    2. A corporation owning and operating a  renewable  energy  generation
     7  facility  pursuant  to  this section shall provide all net revenues from
     8  such facility to low-income customers in the form of bill credits, which
     9  shall be in addition to any other program  or  benefit  offered  by  the
    10  corporation to assist such customers.
    11    3.  In  addition to the provisions of subdivision two of this section,
    12  any renewable energy generating facility owned  by  such  a  corporation
    13  shall be:
    14    (a)  subject  to commission oversight in order to ensure that: (i) the
    15  power generated at such facilities remains in-state for the  benefit  of
    16  customers  and  the  state;  (ii) the power generated at such facilities
    17  shall not be exported out-of-state; and (iii)  any  repowering  of  such
    18  generating  facilities  shall  comply  with  all  requirements  of  this
    19  section;
    20    (b) built, pursuant to  a  competitive  third-party  bidding  process,
    21  which shall be issued by the corporation;
    22    (c)  subject  to  section  sixty-six-r of this article and section two
    23  hundred twenty-four-d of the labor law; and
    24    (d) owned and operated in a manner that provides beneficial  cost  and
    25  rate impacts to customers.
    26    4.  The commission shall establish a generation capacity limit for the
    27  total  generation  capacity  owned  by  corporations  pursuant  to  this
    28  section.    The  total  generation capacity shall not exceed twenty-five
    29  percent of the total generation capacity needed to achieve the renewable
    30  energy goals described in section sixty-six-p of this article.
    31    5. The commission shall issue such orders, rules  and  regulations  as
    32  may be necessary and appropriate to implement this section.
    33    §  3.  No  later than sixty days after the effective date of this act,
    34  the public service commission shall commence a proceeding necessary  and
    35  appropriate  to  implement  the provisions of section 66-s of the public
    36  service law.
    37    § 4. This act shall take effect immediately.