Authorizes gas or electrical corporations to submit proposals to the public service commission establishing a voluntary rate or rates for energy supplied to residential customers utilizing heat pumps as the primary heating source.
STATE OF NEW YORK
________________________________________________________________________
10680
IN ASSEMBLY
March 20, 2026
___________
Introduced by M. of A. BORES -- read once and referred to the Committee
on Energy
AN ACT to amend the public service law, in relation to voluntary rates
for residential customers utilizing heat pumps as the primary heating
source
The People of the State of New York, represented in Senate and Assem-bly, do enact as follows:
1 Section 1. The public service law is amended by adding a new section
2 66-x to read as follows:
3 § 66-x. Voluntary rates for heat pumps. 1. For the purposes of this
4 section, unless the context otherwise requires, "heat pump" means an
5 electrically powered device that uses the refrigeration cycle to trans-
6 fer thermal energy from one location to another.
7 2. On or before August first, two thousand twenty-seven, an investor-
8 owned gas or electrical corporation that provides electric or thermal
9 energy shall, within a general rate case request, submit to the commis-
10 sion a proposal for a voluntary rate or rates for energy supplied to
11 residential customers who utilize a heat pump as their primary heating
12 source. Such voluntary rate or rates:
13 (a) May be new rates, new or existing riders, or incorporated into an
14 existing time-of-use rate;
15 (b) If cost-justified, shall be designed to lower the average monthly
16 energy bill of residential customers who utilize a heat pump as their
17 primary heating source; and
18 (c) Avoid cross-subsidies from other customers.
19 § 2. This act shall take effect immediately.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD14866-01-6
