S 8463 provides a one-year exemption from utility taxes and specific surcharges for all residential and commercial utility customers, effective 14 days after enactment. It also creates a two-year exemption from tariffs for renewable energy systems, electric vehicle infrastructure, and charging stations. During these periods, utility companies must reduce customer prices by the exact amount of the exempted taxes and surcharges. The state will reimburse lost revenue to utility funds within 45 days after the one-year period ends. This bill directly affects all utility ratepayers and impacts how utilities price services for renewable energy investments.
Requires the office of renewable energy siting and electric transmission to establish a mapping, installation and efficiency plan for the purpose of building new electric transmission lines.
Enacts the "home utility weatherization jobs act"; requires each gas corporation, electric corporation, or combination gas or electric corporation to submit to the public service commission for review and approval at least one and up to ten neighborhood scale weatherization and electrification-ready projects.
Authorizes and directs the department of public service to conduct a study on the deployment of energy interconnection processes into the electrical grid to meet the state's renewable energy goals; directs the department of public service to submit a report on its findings one year after the effective date.
Requires consideration of evidence relating to the economic impact of major increases of rates or charges upon consumers and the areas affected by such increases of rates or charges prior to approval of any such rates or charges; establishes minimum data to be considered by the public service commission relating to such economic impact.
This bill establishes a 9-member Climate Action Cost Council to review climate-related regulations. State agencies must get the council’s 2/3 approval before adopting new rules to meet climate goals, and can issue no more than five such rules annually. The council must consider costs to businesses and ratepayers, grid reliability, and emissions reductions before approving proposals. Agencies must notify the council 60 days in advance of proposed rules, and the council will report annual costs and emissions data to the governor and legislature.
Establishes the "clean fuel standard of 2026"; provides such standard is intended to reduce greenhouse gas intensity from the on-road transportation sector, with further reductions to be implemented based upon advances in technology.
This legislation mandates that gas and electric utility companies provide written notice to customers at least thirty days before any service rate or charge increases take effect. The public service commission would be required to enforce this notification rule for all affected customers. The notice must specify that the higher cost will begin after the thirty-day period concludes. Should the bill pass, the requirement would become effective immediately upon enactment.
Enacts the accelerate solar for affordable power (ASAP) act to set a new target for distributed solar energy capacity and direct the public service commission to advance reforms to the utility interconnection process to ensure timely and cost-effective integration of new distributed energy resources.
Authorizes the New York state energy research and development authority to administer a program to provide grants or loans for the costs related to enabling switching residences with propane or fuel-oil heating systems to efficient electric heat pumps.
