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NY A09513
Bill
Status
Introduced
3/10/2016
Primary Sponsor
Marcos Crespo
Click for details
AI Summary
- Establishes the "Renewable Energy Credit Opportunity and Exchange Protection Act" as new section 66-o of New York's Public Service Law
- Defines renewable energy credits (RECs) as environmental attributes associated with one megawatt-hour of qualified energy generation measured by revenue grade meter
- Applies to customer-generators first connected to the electric system between the bill's effective date and January 1, 2030
- Limits qualified renewable energy generation to power generated within fifteen years of a customer-generator receiving interconnection permission from their electric distribution company
- Creates framework for customer-generators to own and trade renewable energy credits associated with their renewable energy generation
Legislative Description
Relates to enacting the "renewable energy credit opportunity and exchange protection act" establishing the rights of consumers and businesses to own and trade renewable energy credits.
Last Action
referred to energy
3/10/2016
Committee Referrals
Energy3/10/2016
Full Bill Text
No bill text available