Provides that any credits remaining on a customer-generator's account shall be liquidable, or transferable to any new owner of the property in which the generation equipment resides, with proof of deed transfer by the corporation within thirty days of a request made by a customer-generator; relates to ensuring net metering is a compensation floor for residential producers of energy.
STATE OF NEW YORK
________________________________________________________________________
10775
IN ASSEMBLY
April 1, 2026
___________
Introduced by M. of A. REILLY -- 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. Paragraph (b) of subdivision 4 of section 66-j of the
2 public service law, as amended by chapter 691 of the laws of 2022, is
3 amended to read as follows:
4 (b) (i) In the event that the amount of electricity produced by a
5 customer-generator during the billing period exceeds the amount of elec-
6 tricity used by the customer-generator, the corporation shall apply a
7 credit to the next bill for service to the customer-generator for the
8 net electricity provided at the same rate per kilowatt hour applicable
9 to service provided to other customers in the same service class which
10 do not generate electricity onsite, except for micro-combined heat and
11 power or fuel cell or fuel-flexible linear generator customer-generators
12 or farm waste generating equipment customer-generators as described in
13 subparagraph (ix) of paragraph (a) of subdivision one of this section,
14 who will be credited at the corporation's avoided costs. The avoided
15 cost credit provided to micro-combined heat and power or fuel cell or
16 fuel-flexible linear generator customer-generators or farm waste gener-
17 ating equipment customer-generators as described in subparagraph (ix) of
18 paragraph (a) of subdivision one of this section shall be treated for
19 ratemaking purposes as a purchase of electricity in the market that is
20 includable in commodity costs.
21 (ii) Any credits remaining on a customer-generator's account shall be
22 liquidable, or transferable to any new owner of the property in which
23 the generation equipment resides, with proof of deed transfer by the
24 corporation within thirty days of a request made by a customer-genera-
25 tor. If the customer-generator requests payment for the remaining cred-
26 its, each corporation shall issue a check, in the amount of outstanding
27 credits payable to the customer-generator.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD14633-01-6
A. 10775 2
1 § 2. 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 § 3. 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 § 4. This act shall take effect immediately and shall be deemed to
20 have been in full force and effect on and after January 1, 2026.
