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NY S02708
Bill
Status
3/4/2025
Primary Sponsor
Rachel May
Click for details
AI Summary
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Defines "grid enhancing technology" as hardware or software that improves electric transmission system performance, including dynamic line rating, advanced power flow control, topology optimization, and advanced reconductoring
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Authorizes the Department of Public Service to allow electric utilities to conduct cost-effectiveness analyses comparing grid enhancing technologies against traditional capital improvements for transmission system upgrades
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Permits the Public Service Commission to approve deployment of grid enhancing technologies when they offer a more cost-effective strategy to achieve transmission goals, including distributed energy resource interconnection
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Allows electric utilities to propose performance incentive mechanisms that provide financial incentives for cost-effective deployment of grid enhancing technologies
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Requires electric and combination electric/gas corporations to report to the bulk system operator and commission every five years on deployment of grid enhancing technologies, beginning five years after the law takes effect
Legislative Description
Directs electric corporations and combination electric and gas corporations to file a cost-effectiveness and timetable analysis as part of any base rate proceeding with the public service commission; directs NYSERDA to conduct a study on the effectiveness of advanced transmission technologies.
Last Action
AMENDED ON THIRD READING (T) 2708A
3/16/2026