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NY A00976
Bill
Status
1/8/2015
Primary Sponsor
Steven Englebright
Click for details
AI Summary
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Amends Public Service Law to require the Public Service Commission to adopt regulations within 12 months mandating each load serving entity supply at least 0.5% clean energy by July 1, 2017, increasing by 0.5% annually until reaching 6%, then by 1% annually until reaching 10%
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Defines "clean energy technologies" to include solar, wind, fuel cells, geothermal, sustainably managed biomass, and methane waste, with authority for the Commissioner of Environmental Conservation to designate additional qualifying technologies following public review
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Permits load serving entities to meet requirements through conversion transactions, purchase of credits, or trading programs, with allowance for banking excess credits for up to two years
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Establishes penalties of 2 cents per kilowatt-hour for entities failing to meet clean energy obligations, reducible to 1.5 cents after four years and 1 cent after eight years
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Applies clean energy requirements to the Power Authority of the State of New York and Long Island Power Authority through amendments to the Public Authorities Law
Legislative Description
Directs the public service commission to adopt rules and regulations requiring electric corporations to develop and utilize clean energy technologies which annually reduce the pollution generated; establishes fines for failure to comply with such rules and regulations; such provisions shall apply to the power authority of the state of New York and the Long Island power authority.
Last Action
referred to energy
1/6/2016