NY A11331

Defines "micro-hydroelectric generating equipment" as hydroelectric systems with rated capacity not exceeding 25 kilowatts for residential customers or 2,000 kilowatts for non-residential customers, manufactured and operated in compliance with applicable standards.

Requires electric corporations to provide interconnection and net energy metering for micro-hydroelectric generating equipment owned or operated by customer-generators, subject to execution of a net energy metering contract or compliance with the corporation's net energy metering schedule.

Establishes that micro-hydroelectric generating equipment is subject to the same 1 percent capacity limits as other renewable generating equipment until the Public Service Commission determines additional metering is in the public interest after January 1, 2012.

Caps customer-generator costs for required dedicated transformers at $350 for residential and small non-residential solar or micro-hydroelectric installations, while larger non-residential systems have costs determined by the electric corporation subject to departmental review.

Requires electric corporations to establish safety standards for micro-hydroelectric generating equipment interconnection and prohibits additional safety requirements, performance tests, or liability insurance beyond established standards if equipment meets regulatory specifications.