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Assembly Bill A5243

2013-2014 Legislative Session

Provides incentives for energy conservation through voltage regulation

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Archive: Last Bill Status - In Assembly Committee

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2013-A5243 (ACTIVE) - Details

Current Committee:
Assembly Energy
Law Section:
Public Service Law
Laws Affected:
Add ยง66-n, Pub Serv L
Versions Introduced in Other Legislative Sessions:
2009-2010: A9451
2011-2012: A1944, A8610
2015-2016: A3071
2017-2018: A7423

2013-A5243 (ACTIVE) - Summary

Provides incentives for energy conservation through voltage regulation; allows utility companies to recover lost revenue when installing voltage regulation devices.

2013-A5243 (ACTIVE) - Bill Text download pdf 

                            
                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                  5243

                       2013-2014 Regular Sessions

                          I N  A S S E M B L Y

                            February 21, 2013
                               ___________

Introduced by M. of A. TITONE, LUPARDO, SCHIMEL -- Multi-Sponsored by --
  M.  of  A. GLICK, 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.
                                                           LBD04370-01-3

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