Bill Text: NY S06480 | 2021-2022 | General Assembly | Introduced
Bill Title: Directs the public service commission and the Long Island power authority to extend appropriate elements of the compensation under the "Value Stack" to resources located behind customer electric meters.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2022-06-03 - COMMITTED TO RULES [S06480 Detail]
Download: New_York-2021-S06480-Introduced.html
STATE OF NEW YORK ________________________________________________________________________ 6480 2021-2022 Regular Sessions IN SENATE April 30, 2021 ___________ Introduced by Sen. PARKER -- read twice and ordered printed, and when printed to be committed to the Committee on Energy and Telecommuni- cations AN ACT directing the public service commission and the Long Island power authority to extend elements of the compensation under the "Value Stack" to behind-the-meter resources The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Within one hundred twenty days of the effective date of 2 this act the public service commission shall, after a hearing held on 3 notice, extend appropriate elements of the compensation under the "Value 4 Stack", as adopted by the commission in case 15-E-0751, to resources 5 located behind customer electric meters. 6 § 2. Within one hundred eighty days of the effective date of this act, 7 the Long Island power authority shall extend appropriate elements of the 8 compensation under the "Value Stack", as adopted in the authority's 9 Value of Distributed Energy Resources tariff, to resources located 10 behind customer electric meters. 11 § 3. This act shall take effect immediately. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD11147-01-1
