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NY A04227
Bill
Status
1/31/2025
Primary Sponsor
Brian Cunningham
Click for details
AI Summary
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Authorizes regulated electric utilities in New York to own and operate large-scale renewable energy generation facilities, either individually or in partnership with other businesses, to help meet the state's clean energy goals of 70% renewable electricity by 2030 and 100% carbon-free by 2040
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Requires utilities to provide all net revenues from these renewable facilities to low-income customers as bill credits, in addition to any existing assistance programs
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Limits utility-owned renewable generation to no more than 25% of the total generation capacity needed to achieve state renewable energy goals, with Public Service Commission oversight to ensure power remains in-state
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Mandates labor peace agreements for covered renewable energy systems over 5 megawatts, prohibiting strikes, picketing, and work stoppages, as well as project labor agreements for construction
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Requires iron and structural steel used in covered renewable projects to be produced in the United States, with exceptions allowed if domestic materials would result in unreasonable costs or are unavailable in sufficient quantities
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
1/7/2026