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NY A08307

Bill

Status

Introduced

12/6/2013

Primary Sponsor

Dan Quart

Click for details

Origin

Assembly

2013-2014 General Assembly

AI Summary

  • Establishes a New York State pilot program for community solar energy under oversight of the Public Service Commission
  • Allows consumers to subscribe to the solar installation with a one-time payment between a minimum of $500 and a commission-set maximum, receiving quarterly dividend payments based on energy generated by their subscription level
  • All energy generated by the solar installation must be sold back to an investor-owned utility, with subscribers paid at the retail rate
  • One percent of all subscriber payments is retained by the Commission to fund the capital investment of the original installation and subsequently new solar installations
  • State retains ownership of the solar installation and renewable energy credits, with maximum installation size of 2,000 kilowatts and subscriptions non-transferable except back to the State

Legislative Description

Establishes a community solar pilot program.

Last Action

referred to energy

1/8/2014

Committee Referrals

Energy12/6/2013

Full Bill Text

No bill text available