Directs the public service commission to evaluate hydrogen, sewage thermal energy, and nuclear small modular reactors as renewable energy sources and report the results of such evaluation to the governor and the legislature.
Directs the public service commission in consultation with NYSERDA to conduct a full cost benefit analysis of the technical and economic feasibility of renewable energy systems in the state of New York and to compare such directly with other methods of electricity generation within nine months after the effective date and every four years thereafter.
Establishes a clean and resilient energy program to encourage the development of clean and resilient behind the meter distributed energy resource projects.
Requires that the manufacture and distribution of electric vehicles, wind turbines, solar collectors and infrastructure to upgrade the power grid is conducted using only wind and solar energy and does not use any power derived from fossil fuels, nuclear energy or any form of combustion; amends definitions within the clean-fueled vehicle and buses projects to require such vehicles are manufactured and distributed using only wind and solar energy.
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.
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.
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.
Enacts the "renewable natural gas standard act"; requires the public service commission to establish a program to require that gas corporations procure renewable natural gas from third-parties, including affiliates of the gas corporation, for distribution to natural gas customers.
Directs the New York state energy research and development authority to conduct a study of the technical and economic feasibility and ratepayer impact of a zero-emission electrical system and a reduction in greenhouse gas emissions.
Enacts the "state and local clean energy partnership", directing the public service commission to establish a standard New York state community choice aggregation program for all utility service territories.
