Bill > S01527

This bill establishes a sales tax exemption for commercial energy storage systems equipment in New York State. Specifically, the bill creates a new tax law exemption that covers the retail sale, installation, and use of commercial energy storage systems, which are defined as equipment installed on non-residential premises that can store electricity for later use in providing heating, cooling, hot water, or electricity. The exemption also extends to electricity sales by companies primarily engaged in selling energy storage system equipment, under specific conditions such as the equipment being owned by a different party, installed on the purchaser's non-residential premises, and used to provide energy services to those premises. Additionally, the bill amends related tax provisions to ensure that local governments are aware of and can choose to adopt or opt out of this new sales tax exemption. The primary goal of this legislation is to encourage the adoption of energy storage technologies by making them more financially attractive for commercial entities through reduced tax burdens.

Budget and Finance

https://www.nysenate.gov/legislation/bills/2025/S1527