Directs the public service commission and the Long Island power authority to extend appropriate elements of the compensation under the "Value Stack" to resources located behind customer electric meters.
STATE OF NEW YORK
________________________________________________________________________
6285
2023-2024 Regular Sessions
IN ASSEMBLY
April 3, 2023
___________
Introduced by M. of A. BARRETT -- read once and referred to the Commit-
tee on Energy
AN ACT directing the public service commission and the Long Island power
authority to extend elements of the compensation under the "Value
Stack" to behind-the-meter resources
The People of the State of New York, represented in Senate and Assem-bly, do enact as follows:
1 Section 1. Within one hundred twenty days of the effective date of
2 this act the public service commission shall, after a hearing held on
3 notice, extend appropriate elements of the compensation under the "Value
4 Stack", as adopted by the commission in case 15-E-0751, to resources
5 located behind customer electric meters.
6 § 2. Within one hundred eighty days of the effective date of this act,
7 the Long Island power authority shall extend appropriate elements of the
8 compensation under the "Value Stack", as adopted in the authority's
9 Value of Distributed Energy Resources tariff, to resources located
10 behind customer electric meters.
11 § 3. This act shall take effect immediately.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD06453-01-3