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NY A04588
Bill
Status
2/4/2025
Primary Sponsor
Brian Cunningham
Click for details
AI Summary
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Establishes New York state renewable electric generation pilot programs authorizing development of up to 300 megawatts of renewable electric capacity statewide
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Eligible technologies include solar, wind, photovoltaics, tidal, geothermal, fuel cells, and low-impact run-of-river hydroelectric facilities up to 30 megawatts
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Electric corporations may own equity interests in renewable facilities and form partnerships with independent power producers, developers, and customer-owned or leased generators
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Capital and operating costs may be recovered in corporations' rate bases with a reasonable return, subject to Public Service Commission approval and detailed economic evaluation requirements
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Public Service Commission must submit annual reports by June 1 to the Governor and legislative leaders detailing program progress, environmental effects, facility participation, and generation capacity
Legislative Description
Establishes New York state renewable electric generation pilot programs to authorize the development of up to three hundred megawatts of renewable electric capacity statewide, in order to stimulate the growth of clean, affordable and reliable sources of energy and to foster new partnerships between electric corporations, energy producers and energy customers in this state.
Last Action
referred to energy
1/7/2026