NY A10472

Creates "build to need act" requiring the Public Service Commission to establish a grid planning process directing electric utilities to proactively plan and upgrade infrastructure to meet projected electric vehicle and electrification loads over 5-10 year horizons.

Requires utilities to file petitions for approval of major "tier one" projects with the Commission, which must decide within 120 days (extendable to 180 days) or projects are deemed approved; allows utilities to recover costs through surcharges until next rate case.

Mandates all major utility projects include community benefit plans specifying workforce development, measurable benefits to affected communities, and engagement with disadvantaged communities.

Requires utilities to offer hybrid and flexible interconnections within 280 days, enabling customers to combine multiple energy technologies at single sites and expedite new load energization using automated load management.

Directs the Commission to establish performance targets for interconnection and energization timelines with enforcement mechanisms including earnings adjustments, and require utilities to report annually on project deployment, actual vs. projected loads, costs, and community benefits for at least five years.