NY A10410

Expands the existing solar electric generating system tax abatement program to include electric energy storage equipment, defined as technologies capable of storing and releasing electric energy including batteries, flywheels, electrochemical capacitors, compressed air storage, and thermal storage devices.

Provides a tax abatement for electric energy storage equipment placed in service between January 1, 2019 and January 1, 2021, equal to the lesser of 10 percent of eligible equipment expenditures, taxes payable in that year, or $62,500 annually.

Extends the application filing deadline from March 15, 2019 to March 15, 2021 for applicants seeking tax abatements under the program.

Requires applicants to provide proof of required certifications and permits, engineer or architect certification that equipment meets local codes, and structural analysis if equipment is roof-mounted.

Applies the same compliance and inspection requirements to electric energy storage equipment as currently apply to solar electric generating systems, including maintenance requirements and grounds for abatement revocation.