New York's Senate Bill A 10321 requires solar and wind energy companies to provide financial security - such as bonds from licensed sureties - before receiving permits for their projects. This security must cover the estimated cost of restoring land after the project ends and remains in effect until reclamation is approved by the commission or office. Companies must replace canceled security within 30 days, and remain personally liable for any reclamation costs not covered by the security. Government entities like municipalities are exempt from these requirements.
Excludes solar or wind energy projects in the county of Lewis that were already in existence on the effective date of Part N of chapter 59 of the laws of 2023 from certain appraisal models and discount rates.
This bill changes how New York property taxes are calculated for solar and wind energy systems. It requires tax assessors to include community benefit payments, decommissioning costs, and solar management expenses as deductible costs when valuing these systems. Crucially, it also specifies that federal tax credits and renewable energy credits (like those for clean energy production) must be treated as intangible assets - not counted as income - when determining a system's taxable value. This directly affects property owners with solar/wind installations and local assessors who calculate their taxes under the new rules. The law takes effect immediately upon passage.
S 3617 creates a New York State pilot program allowing consumers to subscribe to community wind energy projects. It requires the Public Service Commission to establish the program, letting residents pay a one-time fee (capped at $500 per subscription) to fund wind installations up to 2,000 kilowatts. Subscribers receive quarterly dividends based on energy generated, paid at retail rates, while the state owns the installations and sells excess energy to utilities. The program reserves 1% of subscriber payments to fund future installations after the initial project is paid off. This directly affects New York residents who participate as subscribers and the state as the program’s operator.
Relates to the development of uniform standards for the coloring of wind turbine rotor blades, to avoid or minimize, to the maximum extent practicable, any bird collisions arising from the siting, design, construction and operation of a major renewable energy facility utilizing wind turbines.
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.
Establishes the fresh air jobs tax credit for businesses participating in the development or production of clean wind energy buildout programs in this state.
Requires 12.5% of profits generated from a solar or wind energy system to be paid to a taxing jurisdiction or land owner under certain agreements for the installation and use of such solar or wind energy system, in addition to other PILOT or other payments required under such agreement.
Directs the department of public service, in conjunction with the New York state energy research and development authority, and the power authority of the state of New York to commission a study on the utilization of directional noise reduction optimization technology for wind turbines in New York state.
Directs the department of public service, in conjunction with the New York state energy research and development authority, and the power authority of the state of New York to commission a study on the utilization of directional noise reduction optimization technology for wind turbines in New York state.
