NY A04559

Requires the Public Service Commission to initiate within 60 days a grid planning process directing electric utilities to use 10-year planning horizons for transmission/substation investments and 5-year horizons for distribution investments

Mandates utilities proactively gather data on future electric loads from fleet operators, transportation departments, and vehicle telematics to anticipate grid needs from electric vehicle adoption and climate mandates

Creates a two-tier approval system for grid upgrade projects, with larger "tier one" projects requiring Commission approval within 120 days and mandatory community benefit plans that deliver measurable benefits to affected and disadvantaged communities

Requires utilities to offer hybrid and flexible interconnection options within 280 days, allowing faster connections for distributed energy resources through automated load management technologies

Establishes target timeframes for load energizations and distributed generation interconnections within one year, with enforcement mechanisms including earnings adjustment penalties for utilities that fail to meet timelines