Bill Text: NY S07441 | 2013-2014 | General Assembly | Introduced

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Bill Title: Establishes a community wind energy pilot program; creates an investor owned wind energy electric generating system.

Sponsorship: Partisan Bill (Democrat 1)

Status: (Introduced - Dead) 2014-05-15 - REFERRED TO ENERGY AND TELECOMMUNICATIONS [S07441 Detail]

Download: New_York-2013-S07441-Introduced.html

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                           S T A T E   O F   N E W   Y O R K
       ________________________________________________________________________
                                         7441
                                   I N  S E N A T E
                                     May 15, 2014
                                      ___________
       Introduced  by  Sen.  GIPSON -- 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 the community
         wind energy pilot program
         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-n to read as follows:
    3    S 66-N. COMMUNITY WIND ENERGY PILOT PROGRAM. 1. THE  COMMISSION  SHALL
    4  ESTABLISH  A NEW YORK STATE PILOT PROGRAM PROMOTING THE USE OF COMMUNITY
    5  WIND ENERGY.
    6    2. THE COMMISSION  SHALL  OVERSEE  THE  IMPLEMENTATION  OF  THE  PILOT
    7  PROGRAM  AND  SHALL  ISSUE  AN  ORDER  OF THE COMMISSION AUTHORIZING THE
    8  CONSTRUCTION OF A WIND ENERGY SYSTEM INSTALLATION.
    9    3. THE COMMISSION SHALL INVITE CONSUMERS TO PARTICIPATE IN THE PROGRAM
   10  AS SUBSCRIBERS, PROVIDED THAT:
   11    (A) THE COMMISSION SHALL SET A SUBSCRIPTION  SCHEDULE,  INCLUDING  THE
   12  PRICE PER WATT TO SUBSCRIBE AND THE PERCENTAGE OF THE TOTAL INSTALLATION
   13  EACH SUBSCRIPTION LEVEL SHALL REPRESENT;
   14    (B)  SUBSCRIBERS  SHALL MAKE A ONE TIME PAYMENT TO THE COMMISSION AND,
   15  IN RETURN, SUBSCRIBERS SHALL BE PAID A QUARTERLY DIVIDEND FOR THE ENERGY
   16  GENERATED BY THE WATTS COVERED BY THEIR SUBSCRIPTION LEVEL;
   17    (C) A CONSUMER SHALL BE PAID ON A QUARTERLY BASIS BASED ON THE CONSUM-
   18  ER'S SUBSCRIPTION LEVEL;
   19    (D) THE COMMISSION SHALL SET A MAXIMUM NUMBER OF SUBSCRIPTIONS AT EACH
   20  LEVEL; AND
   21    (E) THE MINIMUM PRICE PER SUBSCRIPTION SHALL NOT EXCEED  FIVE  HUNDRED
   22  DOLLARS.
   23    4.  ALL  ENERGY GENERATED BY THE WIND ENERGY SYSTEM INSTALLATION SHALL
   24  BE SOLD BACK TO AN INVESTOR-OWNED UTILITY.
   25    5. ONE PERCENT OF ALL PAYMENTS DUE TO SUBSCRIBERS SHALL BE HELD BY THE
   26  COMMISSION TO PAY FOR THE CAPITAL  INVESTMENT  INTO  THE  ORIGINAL  WIND
   27  ENERGY  SYSTEM  INSTALLATION.  AFTER  THE ORIGINAL INSTALLATION HAS BEEN
        EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                             [ ] is old law to be omitted.
                                                                  LBD15137-01-4
       S. 7441                             2
    1  PAID IN FULL, THE ONE PERCENT HELD BY THE COMMISSION SHALL  BE  USED  TO
    2  FUND NEW WIND ENERGY SYSTEM INSTALLATIONS IN THE SAME MANNER.
    3    6.  THE STATE SHALL RETAIN OWNERSHIP OF THE WIND ENERGY SYSTEM INSTAL-
    4  LATION AND OF ANY RENEWABLE ENERGY CREDITS GENERATED  BY  THE  INSTALLA-
    5  TION.
    6    7.  SUBSCRIBERS  SHALL BE PAID FOR ENERGY GENERATED AT THE RETAIL RATE
    7  AND NOT AT THE AVOIDED-COST RATE.
    8    8. THE MAXIMUM SIZE OF THE INSTALLATION SHALL BE  TWO  THOUSAND  KILO-
    9  WATTS.
   10    9. SUBSCRIPTIONS MAY NOT BE RESOLD TO ANY ENTITY OTHER THAN THE STATE.
   11    S 2. This act shall take effect immediately.