•  Summary 
  •  
  •  Actions 
  •  
  •  Committee Votes 
  •  
  •  Floor Votes 
  •  
  •  Memo 
  •  
  •  Text 
  •  
  •  LFIN 
  •  
  •  Chamber Video/Transcript 

A04418 Summary:

BILL NOA04418
 
SAME ASNo Same As
 
SPONSORSteck
 
COSPNSRDeStefano, Dickens, Simon
 
MLTSPNSR
 
Amd §§66-j & 66-l, Pub Serv L
 
Relates to ensuring net metering is a compensation floor for residential producers of energy.
Go to top    

A04418 Actions:

BILL NOA04418
 
02/14/2023referred to energy
01/03/2024referred to energy
Go to top

A04418 Memo:

NEW YORK STATE ASSEMBLY
MEMORANDUM IN SUPPORT OF LEGISLATION
submitted in accordance with Assembly Rule III, Sec 1(f)
 
BILL NUMBER: A4418
 
SPONSOR: Steck
  TITLE OF BILL: An act to amend the public service law, in relation to ensuring net metering is maintained as a compensation floor for residential producers of energy   PURPOSE OR GENERAL IDEA OF BILL: This bill establishes net-energy metering as a compensation floor for customer-generators of electricity.   SUMMARY OF PROVISIONS: Section 1: Amends Subdivision 6 of section 66-j of the public service law, as amended by chapter 355 of the laws of 2009. Section 2: Amends Subdivision 6 of section 66-1 of the public service law, as 11 amended by chapter 721 of the laws of 2006. Section 3: Sets the Effective Date.   DIFFERENCE BETWEEN ORIGINAL AND AMENDED VERSION (IF APPLICABLE): Click here to enter text:.   JUSTIFICATION: On March 9th, 2017 the Public Service Commission announced new guide- lines for Distributed Energy Resources that would replace Net-Energy Metering with a "value stack". The variability proposed by this "value stack" threatens the predictability of compensation for those New York- ers who would invest in residential or community energy generation systems. To maintain predictability for future investments in distrib- uted energy resources, this legislation maintains Net-Energy Metering as a compensation floor for customer-generators. This legislation does not preclude the use of the "value stack" to provide incentive through greater compensation for customer-generators to improve their system's performance.   PRIOR LEGISLATIVE HISTORY: 2019/20: A309 referred to energy 2021/22: A312 referred to energy   FISCAL IMPLICATIONS FOR STATE AND LOCAL GOVERNMENTS: To be determined.   EFFECTIVE DATE: This act shall take effect immediately.
Go to top

A04418 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                          4418
 
                               2023-2024 Regular Sessions
 
                   IN ASSEMBLY
 
                                    February 14, 2023
                                       ___________
 
        Introduced by M. of A. STECK, DeSTEFANO, DICKENS, SIMON -- read once and
          referred to the Committee on Energy
 
        AN  ACT  to  amend  the  public service law, in relation to ensuring net
          metering is maintained as a compensation floor for residential produc-
          ers of energy

          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:
 
     1    Section 1. Subdivision 6 of section 66-j of the public service law, as
     2  amended  by  chapter  355  of  the  laws  of 2009, is amended to read as
     3  follows:
     4    6. Electric restructuring.  Notwithstanding  the  provisions  of  this
     5  section,  including,  but  not  limited  to paragraph (b) of subdivision
     6  three of this section, a customer-generator shall comply with any appli-
     7  cable determinations of the commission relating to restructuring of  the
     8  electric  industry.  However, customer-generators shall never be compen-
     9  sated at a value less than would exist under net energy metering.
    10    § 2. Subdivision 6 of section 66-l  of  the  public  service  law,  as
    11  amended  by  chapter  721  of  the  laws  of 2006, is amended to read as
    12  follows:
    13    6. Electric restructuring.  Notwithstanding  the  provisions  of  this
    14  section,  including,  but  not  limited  to paragraph (c) of subdivision
    15  three of this section, a customer-generator shall comply with any appli-
    16  cable determinations of the commission relating to restructuring of  the
    17  electric  industry.  However, customer-generators shall never be compen-
    18  sated at a value less than would exist under net energy metering.
    19    § 3. This act shall take effect immediately.
 
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD05485-01-3
Go to top