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NY A07144
Bill
Status
3/20/2025
Primary Sponsor
Rodneyse Bichotte Hermelyn
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AI Summary
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Establishes the "NYCHA Microgrids Development and Revolving Loan Act" creating a zero-percent interest revolving loan fund through NYSERDA for New York City Housing Authority renewable energy projects
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Finances solar energy systems, battery storage, and other zero-emission technology scaled to function as microgrids for NYCHA housing developments
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Requires NYSERDA and the New York Power Authority to issue competitive requests for proposals from project developers not subject to cost of service ratemaking
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Allows excess energy generated by the microgrid systems to be sold back to the grid, notwithstanding any contrary Public Service Commission policies
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Authorizes the New York Power Authority to use a portion of its net income to restore electricity, heat, and hot water services to NYCHA tenants through energy performance contracts
Legislative Description
Creates a revolving loan fund through the New York state energy research and development authority for the purpose of building renewable energy storage systems scaled to function as microgrids to power housing owned by the New York city housing authority.
Last Action
referred to energy
1/7/2026