Assembly Bill A2998

2015-2016 Legislative Session

Requires electric corporations and power authorities to surrender renewable energy credits to customer-generators

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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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2015-A2998 (ACTIVE) - Details

Current Committee:
Assembly Energy
Law Section:
Public Service Law
Laws Affected:
Amd §§66-j & 66-l, Pub Serv L; amd §§1014, 1020-cc & 1868, Pub Auth L
Versions Introduced in Other Legislative Sessions:
2011-2012: A7126
2013-2014: A6398
2017-2018: A6682
2019-2020: A5640

2015-A2998 (ACTIVE) - Summary

Requires electric corporations and power authorities to surrender renewable energy credits and attributes, solar renewable energy credits, green building credits, tradeable renewable certificates, and environmental credits to customer-generators.

2015-A2998 (ACTIVE) - Bill Text download pdf

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

                                  2998

                       2015-2016 Regular Sessions

                          I N  A S S E M B L Y

                            January 20, 2015
                               ___________

Introduced  by M. of A. ENGLEBRIGHT, THIELE -- read once and referred to
  the Committee on Energy

AN ACT to amend the public service law and the public  authorities  law,
  in relation to requiring electric generating corporations and authori-
  ties  to  surrender  ownership  of renewable energy credits and attri-
  butes, solar renewable energy credits, green building credits, tradea-
  ble renewable certificates, and environmental credits  and  attributes
  to  the customer-generators whose equipment and renovations caused the
  accrual of such credits

  THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section 1. Section 66-j of the public service law is amended by adding
a new subdivision 6-a to read as follows:
  6-A.    SURRENDER  OF  CREDITS  AND  ATTRIBUTES.   NOTWITHSTANDING ANY
CONTRACT OR AGREEMENT TO THE CONTRARY,  AN  ELECTRIC  CORPORATION  SHALL
WITHIN TWO YEARS OF THE INSTALLATION OF ELECTRIC GENERATING EQUIPMENT BY
A  CUSTOMER-GENERATOR  OR  WITHIN ONE YEAR OF THE EFFECTIVE DATE OF THIS
SUBDIVISION, WHICHEVER SHALL  BE  LATER,  SURRENDER  OWNERSHIP  TO  EACH
CUSTOMER-GENERATOR OF THE RENEWABLE ENERGY CREDITS AND ATTRIBUTES, SOLAR
RENEWABLE  ENERGY  CREDITS,  GREEN BUILDING CREDITS, TRADEABLE RENEWABLE
CERTIFICATES, AND ENVIRONMENTAL CREDITS AND ATTRIBUTES WHICH ACCRUED  AS
THE RESULT OF THE CUSTOMER-GENERATOR'S ELECTRIC GENERATING EQUIPMENT.
  S 2. Section 66-l of the public service law is amended by adding a new
subdivision 6-a to read as follows:
  6-A.    SURRENDER  OF  CREDITS  AND  ATTRIBUTES.   NOTWITHSTANDING ANY
CONTRACT OR AGREEMENT TO THE CONTRARY,  AN  ELECTRIC  CORPORATION  SHALL
WITHIN  TWO YEARS OF THE INSTALLATION OF WIND ELECTRIC GENERATING EQUIP-
MENT BY A CUSTOMER-GENERATOR OR WITHIN ONE YEAR OF THE EFFECTIVE DATE OF
THIS SUBDIVISION, WHICHEVER SHALL BE LATER, SURRENDER OWNERSHIP TO  EACH
CUSTOMER-GENERATOR OF THE RENEWABLE ENERGY CREDITS AND ATTRIBUTES, SOLAR
RENEWABLE  ENERGY  CREDITS,  GREEN BUILDING CREDITS, TRADEABLE RENEWABLE

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD07248-01-5
              

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