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NY S05500
Bill
Status
12/17/2014
Primary Sponsor
Greg Ball
Click for details
AI Summary
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Authorizes municipalities in Westchester County (cities, towns, villages) to participate in municipal energy aggregation programs through inter-municipal agreements to collectively procure electric and/or gas supply from energy services companies (ESCOs)
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Requires program administrators to request bulk usage data from distribution utilities (Con-Edison and NYSEG) and solicit competitive bids from ESCOs; contracts limited to 30 months maximum
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Establishes price benchmarks requiring ESCO supply rates to be below distribution utility rates for the first 6-month period and subsequent periods, with rates fixed for each 6-month sub-period
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Mandates a 60-day opt-out period for residents before enrollment in aggregation program; residents may opt-out at any time after enrollment and cannot be charged cancellation fees
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Requires Public Service Commission audit within 365 days of supply commencement to ensure ESCO contract compliance; establishes refund obligations and immediate contract termination if ESCO fails to meet terms; bill expires 5 years after enactment
Legislative Description
Relates to municipal energy aggregation programs; authorizes inter-municipal agreement for the purpose of coordinating efforts by municipal energy aggregators to requests bids for and potentially select an energy service provider to provide electric and/or gas supply services to participating customers.
Last Action
VETOED MEMO.560
12/17/2014