Bill > S01553

This bill modifies existing laws related to net energy metering, which is a billing mechanism that allows customers who generate their own electricity (like through solar panels) to receive credits for excess electricity they feed back into the power grid. The bill provides that customer-generators can now carry over their excess electricity credits indefinitely and use them against future electricity charges. Specifically, when a customer generates more electricity than they use in a billing period, they can choose to have those excess kilowatt-hour credits aggregated and held indefinitely, rather than being settled annually. Additionally, the bill mandates that electric corporations must provide customer-generators with an accounting of these accumulated credits once every five years, at which point the customer can either continue to hold the credits or receive payment at the corporation's avoided cost (the cost the utility would have paid to generate or purchase that electricity from another source). The legislation applies to various types of customer-generated electricity, including solar, farm waste, micro-combined heat and power, fuel cells, and wind generation equipment. The changes aim to provide more flexibility and long-term benefits for customers who invest in on-site electricity generation.

Agriculture and Natural Resources, Transportation and Infrastructure

https://www.nysenate.gov/legislation/bills/2025/S1553