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NY A01396
Bill
Status
1/12/2015
Primary Sponsor
Kevin Cahill
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AI Summary
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Authorizes the Public Service Commission to establish pilot programs for up to 300 megawatts of renewable electric generation capacity statewide.
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Directs electric corporations to build or finance renewable energy facilities with capital and operating costs recovered through rate base and reasonable returns as determined by the Commission.
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Eligible renewable technologies include solar, wind, photovoltaics, tidal, geothermal, fuel cells, and low-impact run-of-river hydroelectric facilities up to 30 megawatts with no new storage.
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Requires electric corporations to submit detailed proposals including economic evaluations, cost-benefit analyses, procurement plans, local business involvement, and customer contracts for Commission approval.
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Mandates annual reports to state leadership by June 1st documenting facility participation, energy sources, capacity, operational status, and customer-owned generator information, with a competitive process established within 180 days of enactment.
Legislative Description
Establishes New York state renewable electric generation pilot programs to authorize the development of up to three hundred megawatts of renewable electric capacity statewide, in order to stimulate the growth of clean, affordable and reliable sources of energy and to foster new partnerships between electric corporations, energy producers and energy customers in this state.
Last Action
referred to energy
1/6/2016