This bill repeals a specific provision (section 1020-dd) in New York's Public Authorities Law that prohibited the Long Island Power Authority (LIPA) from accepting "preference hydroelectricity." Preference hydroelectricity refers to hydroelectric power generated from specific sources meeting defined criteria. The repeal removes this legal barrier, allowing LIPA to potentially accept such hydroelectric power in its energy procurement. This change directly affects LIPA's authority to source certain types of hydroelectric energy.
Establishes the New York state energy storage siting task force to review the findings and recommendations of the Inter-Agency Fire Safety Working Group, summarize other current data and research and provide recommendations including any recommendations for where more data may be required.
Includes fuel-flexible linear generators which do not utilize a fossil fuel resource in the process of generating electricity as qualifying as renewable energy systems.
This bill creates a tax credit for New York producers of biomethane, a renewable fuel made from organic waste (like landfill gas or agricultural manure) processed in anaerobic digesters. It provides a credit of 15 cents per gallon for the first 40,000 gallons of biomethane produced annually per facility, increasing to 25 cents per gallon beyond that threshold. The credit is capped at $2.5 million per facility per year for up to four consecutive years, applying to taxable years beginning before 2020. This directly benefits New York-based biomethane producers by reducing their state tax liability for qualifying production.
This bill creates a tax credit allowing taxpayers to offset 50% of licensing or relicensing fees paid to state or federal agencies for hydroelectric power projects. It directly affects businesses and developers subject to taxes under specific sections of the tax code (articles 9, 9-A, 22, and 33). The credit can be applied against income taxes, with unused portions carried forward to future tax years if it reduces taxes below minimum thresholds. The bill modifies multiple tax code sections to implement this credit and its carryover rules.
Directs the New York state energy resource and development authority, in collaboration with the New York state thruway authority, the department of transportation, and the New York power authority, to conduct a feasibility study on installing solar panels and other renewable energy systems along state highways and to submit a report relating thereto.
Relates to providing net revenues from utility-owned large-scale renewable generation projects to low-income customers; authorizes utility companies to own such projects; provides that the commission shall require labor agreements and labor peace agreements.
Relates to qualified energy storage systems; authorizes energy storage permitting under the office of renewable energy siting and electric transmission.
Relates to requiring businesses to meet certain green requirements to be eligible for the START-UP NY program; businesses operating in newly constructed buildings shall be powered by at least thirty-five percent alternative energy; businesses operating in already existing buildings shall utilize at least forty-five percent less electricity than neighboring businesses of similar size and business type.
Prohibits the granting of a certificate for the construction or operation of an on-shore or off-shore industrial wind turbine or wind farm within the jurisdiction and control of the state and within any area of the state outside of the city of New York unless a certificate for the construction or operation of an on-shore or off-shore industrial wind turbine or wind farm within geographic boundaries of or the shoreline adjacent to the city of New York is granted simultaneously.
