STATE OF NEW YORK ________________________________________________________________________ 4054 2019-2020 Regular Sessions IN SENATE February 26, 2019 ___________ Introduced by Sen. ANTONACCI -- read twice and ordered printed, and when printed to be committed to the Committee on Energy and Telecommuni- cations 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-p to read as follows: 3 § 66-p. 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 implementa- 6 tion of the Reforming the Energy Vision initiative (REV), the progress 7 of achieving REV related goals, and a description of all current regula- 8 tory, tariff, and market designs and incentive structures that are 9 intended to achieve REV related goals. Such study and analysis shall 10 include, but not be limited 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. The study 20 shall also quantify the economic costs and benefits of REV to partic- 21 ipants and non-participants, by rate classes and shall further disaggre- 22 gate the results by utility. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD10063-01-9S. 4054 2 1 (c) data on the impact on consumers resulting from the cost and 2 expense of replacing existing energy infrastructure including energy 3 transmission and distribution infrastructure; and market platform tech- 4 nology. 5 2. The commission shall publish a report based on its findings. The 6 report must be published within three hundred sixty-five days of the 7 effective date of this section, and every year thereafter. A copy of the 8 report must be furnished to the temporary president of the senate, the 9 speaker of the assembly, the chair of the senate energy and telecommuni- 10 cations committee and the chair of the assembly energy committee. 11 § 2. This act shall take effect immediately.