|Assembly Actions - Lowercase
Senate Actions - UPPERCASE
|Jan 04, 2012||referred to energy and telecommunications|
|Jan 05, 2011||referred to energy and telecommunications|
senate Bill S1061
Archive: Last Bill Status - In Committee
- In Committee
- On Floor Calendar
- Passed Senate
- Passed Assembly
- Delivered to Governor
- Signed/Vetoed by Governor
S1061 - Details
S1061 - Summary
Establishes New York state renewable electric generation pilot programs to authorize the development of up to three hundred megawatts renewable electric capacity statewide, in order to stimulate the growth of clean, affordable and reliable sources of energy and to foster new partnerships between electric corporations, energy producers and energy customers in this state.
S1061 - Sponsor Memo
BILL NUMBER:S1061 TITLE OF BILL: An act to amend the public service law, in relation to New York state renewable electric generation pilot programs PURPOSE OR GENERAL IDEA OF BILL: The purpose of the bill is to require the Public Service Commission (PSC) to establish a New York State (NYS) Renewable Electric Generation Pilot Program in order to stimulate the growth of renewable electric capacity statewide and foster new partnerships between electric corporations, energy producers and energy customers in NYS. SUMMARY OF SPECIFIC PROVISIONS: Section 1 of the bill requires the PSC to establish the NYS renewable electric generation pilot program to authorize the development of up to 300 megawatts (MW) of renewable electric capacity statewide, in order to stimulate the growth of clean affordable and reliable energy sources and foster partnerships between the utilities, power producers and energy customers. This section requires the PSC to implement a pilot program that directs electric corporations to build renewable energy facilities which are financed under terms of a commission order. The order will
S1061 - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 1061 2011-2012 Regular Sessions I N S E N A T E (PREFILED) January 5, 2011 ___________ Introduced by Sens. PARKER, PERKINS -- read twice and ordered printed, and when printed to be committed to the Committee on Energy and Tele- communications AN ACT to amend the public service law, in relation to New York state renewable electric generation pilot programs 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 73 to read as follows: S 73. NEW YORK STATE RENEWABLE ELECTRIC GENERATION PILOT PROGRAMS. 1. THE COMMISSION SHALL ESTABLISH NEW YORK STATE RENEWABLE ELECTRIC GENER- ATION PILOT PROGRAMS TO AUTHORIZE THE DEVELOPMENT OF UP TO THREE HUNDRED MEGAWATTS OF RENEWABLE ELECTRIC CAPACITY STATEWIDE, IN ORDER TO STIMU- LATE THE GROWTH OF CLEAN, AFFORDABLE, AND RELIABLE SOURCES OF ENERGY AND TO FOSTER NEW PARTNERSHIPS BETWEEN ELECTRIC CORPORATIONS, ENERGY PRODUC- ERS AND ENERGY CUSTOMERS IN NEW YORK STATE. 2. (A) THE COMMISSION SHALL OVERSEE THE IMPLEMENTATION OF THE PILOT PROGRAMS AND SHALL DIRECT ELECTRIC CORPORATIONS TO BUILD OR CAUSE TO BE BUILT RENEWABLE ENERGY FACILITIES TO BE FINANCED UNDER TERMS ESTABLISHED THROUGH AN ORDER OF THE COMMISSION WHICH SHALL AUTHORIZE CAPITAL AND OPERATING COSTS TO BE RECOVERED IN THE CORPORATIONS RATE BASE AND TO EARN A REASONABLE RETURN OVER A PERIOD TO BE DETERMINED BY THE COMMIS- SION, PROVIDED THAT THE CORPORATION SHALL, AT MINIMUM, PROVIDE THE COMMISSION WITH THE FOLLOWING: (I) A DETAILED DESCRIPTION AND ECONOMIC EVALUATION OF THE PROPOSED INVESTMENT; (II) A DISCUSSION OF THE COSTS, BENEFITS, AND RISKS OF THE PROPOSAL, INCLUDING AN ANALYSIS OF THE COSTS, BENEFITS, AND RATE IMPLICATIONS TO THE PARTICIPATING CUSTOMERS, TO THE COMPANY'S DEFAULT SERVICE CUSTOMERS, AND TO THE UTILITY'S DISTRIBUTION CUSTOMERS; EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted.
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