Creates a small business renewable tax credit; provides the term "business related renewable energy usage" shall refer to renewable power usage used to further the economic activity of the taxpayer at the primary business location that is clearly delimited from any shared renewable energy power usage cost.
Enacts the "Customer Savings and Reliability Act" in relation to regional affordable gas transition plans to guide an orderly, affordable, and equitable right-sizing of the utility gas system in a manner that aligns with climate justice and emissions reduction provisions.
Authorizes and directs the energy research and development authority, the public service commission and NYPA to conduct a study to determine the possibility of closing certain peaker plants.
Establishes the "small water utility transparency act"; requires the public service commission and the department of environmental conservation to conduct audits of certain private water companies; requires certain private water companies which are under certain investigations to file public updates on the status of compliance with such orders.
Requires signage on state highways designating where there is a zero-emission charging and refueling station that is open and available to the public within three miles of an exit or off-ramp.
Prohibits publicly owned treatment works from accepting wastewater associated with the exploration, delineation, development, or production of natural gas from high-volume hydraulic fracturing; provides exceptions.
Enacts the tropical rainforest economic & environmental sustainability act requiring that companies contracting with the state do not contribute to tropical forest degradation or deforestation directly or through their supply chains; establishes the supply chain transparency assistance program to assist small and medium-sized businesses and minority and women-owned businesses in achieving compliant supply chains.
Directs the New York state energy research and development authority to establish a ride clean rebate program for electric assist bicycles and electric scooters; defines terms; provides a fifty percent rebate for eligible purchases.
Bill S 7135 requires the Public Service Commission (PSC) to initiate the development of hybrid heating pilot programs across the state. Within six months, gas and combination gas and electric corporations must submit plans for these programs, which involve installing systems that pair heat pump technology with traditional gas heating. The plans must prioritize customers in disadvantaged communities and low-to-moderate income households. The PSC will review and approve these plans, considering their potential to reduce greenhouse gas emissions and provide reliable heating, with utilities authorized to recover program costs through customer surcharges.
This bill adds a new classification for "clean environment and energy technologies" to industrial definitions. It specifically covers pollution reduction methods, renewable energy generation/storage, and energy efficiency systems like smart grids and automated energy control technology. Businesses developing these technologies will be directly affected, as the bill formally defines which innovations qualify under this new category. The legislation focuses on creating clear standards for emerging clean tech sectors without imposing new regulations or funding.
