S T A T E   O F   N E W   Y O R K
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                                   4054
 
                        2019-2020 Regular Sessions
 
                             I N  S E N A T E
 
                             February 26, 2019
                                ___________
 
 Introduced by Sen. ANTONACCI -- read twice and ordered printed, and when
   printed  to  be  committed to the Committee on Energy and Telecommuni-
   cations
 
 AN ACT to amend the public service law, in  relation  to  directing  the
   public  service  commission  to  conduct  a study of the Reforming the
   Energy Vision initiative

   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-p to read as follows:
   § 66-P. REFORMING THE ENERGY VISION STUDY.  1.  THE  COMMISSION  SHALL
 ANNUALLY CONDUCT A STUDY TO ANALYZE THE ECONOMIC AND ENVIRONMENTAL BENE-
 FITS AND THE ECONOMIC COSTS AND ENVIRONMENTAL BURDEN, OF THE IMPLEMENTA-
 TION  OF  THE REFORMING THE ENERGY VISION INITIATIVE (REV), THE PROGRESS
 OF ACHIEVING REV RELATED GOALS, AND A DESCRIPTION OF ALL CURRENT REGULA-
 TORY, TARIFF, AND MARKET  DESIGNS  AND  INCENTIVE  STRUCTURES  THAT  ARE
 INTENDED  TO  ACHIEVE  REV  RELATED GOALS. SUCH STUDY AND ANALYSIS SHALL
 INCLUDE, BUT NOT BE LIMITED TO:
   (A) AN ANALYSIS OF THE INITIATIVES COSTS AND BENEFITS FOR THE PURPOSES
 OF THIS STUDY, THE COMMISSION SHALL CONSIDER THE  IMPACTS  OF  REFORMING
 THE  ENERGY  VISION ON ELECTRIC RATES CHARGED TO CONSUMERS THROUGH ADDI-
 TIONAL FEES, INCREASED RATES OR ANY OTHER CHARGES  REQUIRED  TO  SUPPORT
 THE INITIATIVE.
   (B)  A  QUANTIFICATION  OF  THE APPROXIMATE AVOIDED LEVEL OF EMISSIONS
 INCLUDING, BUT NOT LIMITED TO, INFORMATION CONCERNING: NITROGEN DIOXIDE,
 SULFUR DIOXIDE AND CARBON DIOXIDE,  AS  WELL  AS  OTHER  AIR  POLLUTANTS
 DEEMED NECESSARY AND APPROPRIATE FOR STUDY BY THE COMMISSION.  THE STUDY
 SHALL  ALSO  QUANTIFY  THE ECONOMIC COSTS AND BENEFITS OF REV TO PARTIC-
 IPANTS AND NON-PARTICIPANTS, BY RATE CLASSES AND SHALL FURTHER DISAGGRE-
 GATE THE RESULTS BY UTILITY.
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD10063-01-9
              

 S. 4054                             2
 
   (C) DATA ON THE IMPACT  ON  CONSUMERS  RESULTING  FROM  THE  COST  AND
 EXPENSE  OF  REPLACING  EXISTING  ENERGY INFRASTRUCTURE INCLUDING ENERGY
 TRANSMISSION AND DISTRIBUTION INFRASTRUCTURE; AND MARKET PLATFORM  TECH-
 NOLOGY.
   2.  THE  COMMISSION  SHALL PUBLISH A REPORT BASED ON ITS FINDINGS. THE
 REPORT MUST BE PUBLISHED WITHIN THREE HUNDRED  SIXTY-FIVE  DAYS  OF  THE
 EFFECTIVE DATE OF THIS SECTION, AND EVERY YEAR THEREAFTER. A COPY OF THE
 REPORT  MUST  BE FURNISHED TO THE TEMPORARY PRESIDENT OF THE SENATE, THE
 SPEAKER OF THE ASSEMBLY, THE CHAIR OF THE SENATE ENERGY AND TELECOMMUNI-
 CATIONS COMMITTEE AND THE CHAIR OF THE ASSEMBLY ENERGY COMMITTEE.
   § 2. This act shall take effect immediately.