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Senate Bill S8368

2017-2018 Legislative Session

Relates to recharge New York power

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Archive: Last Bill Status - In Senate Committee Rules Committee

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Votes

2017-S8368 (ACTIVE) - Details

Current Committee:
Senate Rules
Law Section:
Economic Development Law
Laws Affected:
Amd §188-a, Ec Dev L

2017-S8368 (ACTIVE) - Summary

Relates to recharge New York power; authorizes a recipient to elect to reduce the recharge New York power allocation.

2017-S8368 (ACTIVE) - Sponsor Memo

2017-S8368 (ACTIVE) - Bill Text download pdf 

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   8368
 
                             I N  S E N A T E
 
                                May 3, 2018
                                ___________
 
 Introduced  by  Sen.  GRIFFO -- read twice and ordered printed, and when
   printed to be committed to the Committee on  Energy  and  Telecommuni-
   cations
 
 AN  ACT  to  amend the economic development law, in relation to recharge
   New York power
 
   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:

   Section  1.  Paragraph  8  of  subdivision (a) of section 188-a of the
 economic development law, as added by section 2 of part CC of chapter 60
 of the laws of 2011, is amended to read as follows:
   (8) "Recharge New York power" shall mean and consist of equal  amounts
 of  (i)  four  hundred  fifty-five megawatts of firm hydroelectric power
 from the Niagara and Saint Lawrence hydroelectric projects to  be  with-
 drawn  from  utility  corporations  that, prior to the effective date of
 this section, purchased such power for the benefit of their domestic and
 rural  consumers  ("recharge  New  York  hydropower"),  and  (ii)  power
 procured  by  the  authority  through a competitive procurement process,
 authority sources (other than the Niagara and Saint  Lawrence  projects)
 or  through  an  alternate  method  ("recharge  New York market power");
 provided, however, that if such recharge New  York  market  power  comes
 from  authority  sources,  the  use  of  that power shall not reduce the
 availability of, or cause an increase in the price of, power provided by
 the authority for any other program authorized in this article or pursu-
 ant to any other  statute;  PROVIDED,  FURTHER,  HOWEVER  THAT  IF  SUCH
 RECHARGE  NEW YORK MARKET POWER COMES FROM AUTHORITY SOURCES, THE USE OF
 THAT POWER SHALL BE AT LEAST EIGHT PERCENT LESS THAN DEFAULT SERVICE.
   § 2. Paragraph 3 of subdivision (c) of section 188-a of  the  economic
 development  law,  as added by section 2 of part CC of chapter 60 of the
 laws of 2011, is amended to read as follows:
   (3) The board's  recommendation  shall  require  that  if  the  actual
 metered  load  at  the facility where the allocation is utilized is less
 than the  allocation,  such  allocation  will  be  reduced  accordingly,
 provided  that,  THE RECIPIENT MAY ELECT TO REDUCE THE RECHARGE NEW YORK
 MARKET POWER ALLOCATION FIRST, AND  PROVIDED  FURTHER  THAT,  under  its
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets

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