NY A06682

Establishes shared solar power program allowing multifamily building residents and qualified consumers to purchase subscriptions for solar energy generated on agricultural land, landfills, brownfields, or nonprofit properties.

Permits solar facilities with capacity up to 200 kilowatts through 2020, 500 kilowatts through 2021, and potentially up to 1 megawatt after January 1, 2022, if approved by the Public Service Commission.

Credits from shared solar facilities are allocated to subscribers at the same electricity rate they pay on their primary account, with credits able to carry forward month to month on their utility bills.

Qualified consumers include residents of multifamily buildings with more than four units and those living within five miles of eligible farm operations in the electric utility's service territory.

Solar subscriptions must have minimum three-year and maximum ten-year terms with annual renewal dates, allowing subscribers to cancel with sixty days notice on their renewal date.