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NY A05527
Bill
Status
2/10/2017
Primary Sponsor
Steven Englebright
Click for details
AI Summary
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Customer-generators may elect to carry over excess electricity credits indefinitely rather than receive payment at avoided cost at year-end, with credits applied against future charges when usage exceeds generation.
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Accumulated credits must be accounted for and reimbursed at avoided cost once every five years if the customer-generator elects to aggregate credits.
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Excess electricity credits generated during a billing period are applied first against electricity supplied by the corporation before charges are assessed to the customer-generator.
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Amendments apply to both Public Service Law sections 66-j (electric corporations) and 66-l (Long Island Power Authority) net energy metering provisions.
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Act 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
referred to energy
1/3/2018