NY A09931

Establishes a "shared renewable energy facility" framework allowing solar and wind generating equipment up to 2 megawatts (1 megawatt in environmental justice areas) to serve multiple subscribers within the same county or load zone.

Requires the Public Service Commission by July 31, 2015, to commence proceedings to develop statewide compatibility and accommodation zone maps, interconnection standards, and subscriber protection standards for shared renewable facilities.

Mandates that shared renewable energy facilities have minimum 10 subscribers, with subscriber agreements limited to 5 years for residential customers and 10 years for non-residential customers, including 45-day cancellation windows and refund guarantees.

Restricts interconnection to first-come, first-served basis until total generating capacity equals 0.5% of an electric corporation's 2005 demand, with no more than 20% of capacity allowed in environmental justice areas.

Amends public authorities law to authorize Long Island Power Authority to implement programs for interconnection of shared renewable energy facilities owned by subscriber companies, consistent with new Public Service Law section 66-N.