Assembly Bill A8058

2021-2022 Legislative Session

Creates a revolving loan fund authority for the purpose of building renewable energy storage systems scaled to function as microgrids to power housing owned by the New York city housing authority

download bill text pdf

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Archive: Last Bill Status - In Assembly Committee


  • Introduced
    • In Committee Assembly
    • In Committee Senate
    • On Floor Calendar Assembly
    • On Floor Calendar Senate
    • Passed Assembly
    • Passed Senate
  • Delivered to Governor
  • Signed By Governor

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2021-A8058 (ACTIVE) - Details

See Senate Version of this Bill:
S3166
Current Committee:
Assembly Energy
Law Section:
Public Authorities Law
Laws Affected:
Add §1879-a, Pub Auth L; amd §6-104, Energy L
Versions Introduced in Other Legislative Sessions:
2019-2020: S8200
2023-2024: A1235, S402

2021-A8058 (ACTIVE) - Summary

Creates a revolving loan fund through the New York state energy research and development authority for the purpose of building renewable energy storage systems scaled to function as microgrids to power housing owned by the New York city housing authority.

2021-A8058 (ACTIVE) - Bill Text download pdf

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   8058
 
                        2021-2022 Regular Sessions
 
                           I N  A S S E M B L Y
 
                               June 11, 2021
                                ___________
 
 Introduced  by  M.  of A. BICHOTTE HERMELYN -- read once and referred to
   the Committee on Energy
 
 AN ACT to amend the public  authorities  law  and  the  energy  law,  in
   relation  to creating a revolving loan fund through the New York state
   energy research and development authority for the purpose of  building
   renewable  and energy storage systems scaled to function as microgrids
   to power housing owned by the New York city housing authority
 
   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section  1.  This  act  shall  be known and may be cited as the "NYCHA
 microgrids development and revolving loan act".
   § 2. The public authorities law is amended by  adding  a  new  section
 1879-a to read as follows:
   §  1879-A.  NYCHA  MICROGRID  LOAN PROGRAM. 1. THE AUTHORITY IS HEREBY
 AUTHORIZED AND DIRECTED TO ESTABLISH A REVOLVING LOAN FUND IN  ORDER  TO
 PROVIDE ZERO-PERCENT INTEREST LOANS TO THE NEW YORK CITY HOUSING AUTHOR-
 ITY  TO  FINANCE  ENERGY  SERVICES  FROM RENEWABLE SOLAR ENERGY SYSTEMS,
 BATTERY OR OTHER ZERO EMISSION TECHNOLOGY  STORAGE  SYSTEMS  AND/OR  ANY
 OTHER  RENEWABLE GENERATION SYSTEMS AS DEFINED IN SECTION SIXTY-SIX-P OF
 THE PUBLIC SERVICE LAW FOR THE PURPOSE OF IMPLEMENTING ANY  STATE  CLEAN
 ENERGY  STANDARD,  ALL OF WHICH ARE SCALED TO FUNCTION AS MICROGRIDS FOR
 HOUSING OWNED BY THE NEW YORK CITY HOUSING AUTHORITY. THE AUTHORITY,  IN
 COOPERATION WITH THE NEW YORK POWER AUTHORITY, SHALL ISSUE A COMPETITIVE
 REQUEST  FOR  PROPOSALS  FROM PROJECT DEVELOPERS THAT ARE NOT SUBJECT TO
 COST OF SERVICE RATEMAKING FOR THE CONSTRUCTION AND INSTALLATION OF  THE
 RENEWABLE SOLAR ENERGY SYSTEMS, BATTERY OR OTHER ZERO EMISSION TECHNOLO-
 GY  STORAGE  SYSTEMS  AND/OR  ANY  OTHER RENEWABLE GENERATION SYSTEMS AS
 DEFINED IN SECTION SIXTY-SIX-P OF THE PUBLIC SERVICE LAW THAT ARE SCALED
 TO FUNCTION AS MICROGRIDS FOR NEW YORK CITY HOUSING  AUTHORITY  HOUSING.
 SUCH  MICROGRID SYSTEMS FUNDED THROUGH THIS SECTION SHALL BE CONSTRUCTED
 WITH CONSIDERATION GIVEN TO INCREASING THE DEMAND FOR ELECTRICITY CAUSED
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
              

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