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NY A08307
Bill
Status
Introduced
12/6/2013
Primary Sponsor
Dan Quart
Click for details
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