S T A T E O F N E W Y O R K
________________________________________________________________________
8610
2011-2012 Regular Sessions
I N A S S E M B L Y
September 21, 2011
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Introduced by M. of A. TITONE, LANCMAN, LUPARDO, SCHIMEL -- Multi-Spon-
sored by -- M. of A. GLICK, P. RIVERA, THIELE -- read once and
referred to the Committee on Energy
AN ACT to amend the public service law, in relation to providing incen-
tives for energy conservation through voltage regulation
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. The public service law is amended by adding a new section
66-n to read as follows:
S 66-N. VOLTAGE REGULATION. 1. FOR PURPOSES OF THIS SECTION "VOLTAGE
REGULATION DEVICE" SHALL MEAN VOLTAGE REGULATION TECHNOLOGIES WHICH
RAISE OR LOWER VOLTAGE DYNAMICALLY AND ARE NINETY-NINE PERCENT OR MORE
EFFICIENT ACROSS AT LEAST NINETY PERCENT OF THE ELECTRIC LOAD CURVE.
2. ELECTRIC UTILITIES MAY RECOVER THE CAPITAL AND OPERATING COSTS AND
EARN A FIFTEEN PERCENT RATE OF RETURN IN THE UTILITY'S RATE BASES ON
INVESTMENTS AND INSTALLATIONS OF VOLTAGE REGULATION DEVICES.
S 2. This act shall take effect immediately.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD06186-02-1