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NY A08190
Bill
Status
6/1/2017
Primary Sponsor
Amy Paulin
Click for details
AI Summary
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New York Public Service Commission must adjust zero emissions credit prices to account for proportional benefits from continued operation of nuclear facilities within each energy zone.
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Zero emissions credits shall be priced higher in energy zones receiving greater proportional benefits and lower where benefits are less.
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"Proportional benefits" includes avoided fossil fuel generation proximity advantages, revenues from real property taxes or payments in lieu of taxes from nuclear facilities, and employment-related advantages within each energy zone.
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"Energy zone" is defined as the federally designated electric bulk system operator's zone, and "nuclear facilities" refers specifically to Fitzpatrick, Ginna, and Nine Mile nuclear facilities.
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Public Service Commission must approve the zero emissions credit price adjustment by August 1, 2017, with the act taking effect immediately upon enactment.
Legislative Description
Requires the public service commission to adjust the zero emissions credit to account for the proportional benefits received within each energy zone attributed to the continued operation of nuclear facilities.
Last Action
referred to ways and means
1/3/2018