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NY A07879
Bill
Status
7/12/2023
Primary Sponsor
Brian Cunningham
Click for details
AI Summary
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Authorizes regulated utility corporations to own and operate renewable energy generation facilities in New York State, individually or in partnership with other entities.
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Requires all net revenues from utility-owned renewable energy facilities to be provided to low-income customers as bill credits, in addition to other existing assistance programs.
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Limits total utility-owned generation capacity to no more than 25 percent of the capacity needed to achieve state renewable energy goals, with Public Service Commission oversight.
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Mandates that covered renewable energy systems use labor peace agreements with bona fide labor organizations and require iron and structural steel to be produced or made in whole or substantial part in the United States.
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Requires the Public Service Commission to commence implementing proceedings within 60 days of the act's effective date.
Legislative Description
Relates to providing net revenues from utility-owned large-scale renewable generation projects to low-income customers; authorizes utility companies to own such projects; provides that the commission shall require labor agreements and labor peace agreements.
Last Action
referred to energy
1/3/2024