Requires anywhere fifth generation (5G) telecommunications towers in cities with a population of one million or more are installed, and there is available street parking, electric vehicle charging stations shall be provided for public use; defines terms; requires such charging stations to be designated and clearly identified.
Provides a period of probable usefulness for the acquisition, construction or reconstruction of or addition to a solar array or solar panel system, whether or not including buildings, land or rights in land, original furnishings, equipment, machinery or apparatus, or the replacement of such equipment, machinery or apparatus.
Prohibits utilities from raising rates while reporting high profits; requires utilities to reinvest revenues into New York's energy infrastructure, safety, and reliability; requires the submission to the public service commission of a compliance report.
Provides an exemption from requirements for the alienation of parkland for renewable energy generating projects with a generating capacity not exceeding two megawatts and which are located above real property currently used for vehicle parking.
This bill changes how New York property taxes are calculated for solar and wind energy systems. It requires tax assessors to use a new discounted cash flow method that accounts for regional costs and includes specific expenses like community benefit payments, decommissioning costs, and subscriber management fees. Federal tax credits and renewable energy credits (like clean energy certificates) are no longer counted as income when valuing these systems. The law directly affects property owners with solar/wind systems, local assessors, and communities receiving benefit payments. It aims to create fairer tax assessments by reflecting actual system costs and revenue streams.
This bill increases tax credits for individuals installing geothermal energy systems. It allows a 25% credit on qualified expenses, raising the annual cap to $5,000 for systems installed before June 30, 2025, and $10,000 for systems installed on or after July 1, 2025. Additionally, it makes excess credits refundable for low-to-moderate income taxpayers or those in designated disadvantaged communities starting in 2026, treating unused credits as tax overpayments. The credit can also be carried forward for up to five years if it exceeds annual tax liability.
Requires the establishment of carbon capture projects in order to achieve the greenhouse gas emissions reduction goals of the climate leadership and community protection act.
Prohibits electric corporations and gas corporations from passing along costs or increasing charges to ratepayers as a result of increased costs incurred due to the building or operation of a data center except to those ratepayers involved with or associated with the building or operation of such data center or semiconductor fabrication plant.
Requires piping supplies expenses to be included as an acceptable expense for purposes of calculating a financial benefit, tax credit or other incentive to an owner of real property to improve energy efficiency to a building or structure pursuant to any energy efficiency program overseen by the New York State Energy Research and Development Authority.
This bill requires New York school districts to purchase or lease only zero-emission school buses (electric or hydrogen-powered with no tailpipe emissions) when buying new vehicles by July 2027. It also mandates that all components and final assembly of these buses and their charging infrastructure must be made in the U.S. unless a waiver is granted for cost or feasibility reasons. Districts facing financial hardship may receive up to two years to comply after a cost-benefit analysis, and the law includes protections preventing workforce displacement for transportation employees during the transition. The full transition to zero-emission school buses must be completed by July 2047, or when all state vehicle fleets meet this standard, whichever comes later.
