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NY A05510
Bill
Status
2/14/2025
Primary Sponsor
John McDonald
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AI Summary
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Authorizes regulated electric utilities in New York to own and operate large-scale renewable energy generating facilities, individually or in partnership, to help meet the state's goal of 70% renewable energy by 2030 and 100% carbon-neutral electricity by 2040
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Requires all net revenues from utility-owned renewable generation facilities to be provided to low-income customers as bill credits, in addition to any existing assistance programs
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Caps total utility-owned renewable generation capacity at 25% of the total generation needed to achieve state renewable energy goals, with Public Service Commission oversight
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Mandates that utility-owned renewable projects use project labor agreements for construction and labor peace agreements for operations and maintenance workers
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Requires structural iron and steel permanently incorporated into these projects to be produced in the United States, with limited exceptions for cost or availability concerns
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