Loading chat...
NY A04639
Bill
Status
2/4/2019
Primary Sponsor
Steven Englebright
Click for details
AI Summary
-
Allows customer-generators to elect indefinite carryover of excess electricity credits instead of receiving annual payment at avoided cost rates.
-
Credits carried over indefinitely may be applied against any future charges when customer-generators use more electricity than they produce.
-
Requires electric corporations to provide accounting of accumulated credits once every five years and issue payment at avoided cost for remaining credits upon such accounting.
-
Applies these net energy metering provisions to both electric corporations under Public Service Law sections 66-j and 66-l and to the Long Island Power Authority.
-
Takes effect January 1 of the year 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
1/8/2020