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NY A00336
Bill
Status
1/9/2019
Primary Sponsor
Amy Paulin
Click for details
AI Summary
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Directs the New York Public Service Commission to adjust zero emissions credit (ZEC) prices based on proportional benefits received within each energy zone from continued operation of nuclear facilities.
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Prices must be higher in energy zones with greater proportional benefits and lower in zones with lesser benefits.
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Defines "proportional benefits" to include avoided fossil fuel generation, revenues from real property taxes or payments in lieu of taxes, and employment advantages related to nuclear facility operations.
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Applies to three nuclear facilities: Fitzpatrick, Ginna, and Nine Mile.
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Requires the Public Service Commission to approve the ZEC price adjustment by August 1, 2019, 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 energy
1/8/2020