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NY S02708

Bill

Status

Engrossed

3/4/2025

Primary Sponsor

Rachel May

Click for details

Origin

Senate

2025-2026 General Assembly

AI Summary

  • 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

  • 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

  • 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

  • Allows electric utilities to propose performance incentive mechanisms that provide financial incentives for cost-effective deployment of grid enhancing technologies

  • 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

Committee Referrals

Energy and Telecommunications1/7/2026
Energy3/5/2025
Energy and Telecommunications1/22/2025

Full Bill Text

No bill text available