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NY A03096
Bill
Status
3/4/2015
Primary Sponsor
Steven Englebright
Click for details
AI Summary
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Customer-generators may choose to accumulate credits for excess electricity generated indefinitely instead of receiving annual payment at avoided cost rates
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Accumulated credits can be used to offset any future charges when the customer-generator uses more electricity than it produces
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Electric corporations must provide an accounting of accumulated credits once every five years and pay the customer-generator for remaining credits at avoided cost rates
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Applies to net energy metering under both Public Service Law sections 66-j and 66-l, covering various distributed generation technologies including solar, wind, fuel cells, and micro-hydroelectric systems
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Takes effect January 1 following enactment
Legislative Description
Provides that credits for excess electricity generated by customer-generators subject to net energy metering by an electric corporation or the Long Island power authority may be carried over indefinitely and used against any charges imposed by an electric corporation or the Long Island power authority when the customer-generator uses more electricity than such customer generates; provides for the accounting of credits once every 5 years and the electric corporation or Long Island power authority shall reimburse the customer-generator for the accumulated credits.
Last Action
ordered to third reading cal.140
1/6/2016