Loading chat...
NY A07391
Bill
Status
Introduced
3/25/2025
Primary Sponsor
Gabriella Romero
Click for details
AI Summary
- Allows customer-generators under net energy metering to choose indefinite credit accumulation for excess electricity generated, rather than receiving annual payments at avoided cost rates
- Credits accumulated by customer-generators can be applied against future electricity charges during billing periods when usage exceeds generation
- Requires electric corporations to deduct accumulated credits from a customer-generator's bill before charging for net electricity supplied
- Entitles customer-generators who elect indefinite credit aggregation to an accounting of their credits once every five years, with payment issued at avoided cost for remaining credits upon accounting
- Applies these provisions to electric corporations regulated under the Public Service Law and extends them to the Long Island Power Authority
Legislative Description
Provides that credits for excess electricity generated by customer-generators subject to net energy metering by an electric corporation or the Long Island power authority may be carried over indefinitely and used against any charges imposed by an electric corporation or the Long Island power authority when the customer-generator uses more electricity than such customer generates; provides for the accounting of credits once every 5 years and the electric corporation or Long Island power authority shall reimburse the customer-generator for the accumulated credits.
Last Action
referred to energy
1/7/2026
Committee Referrals
Energy3/25/2025
Full Bill Text
No bill text available