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Bill > S01546


NY S01546

NY S01546
Provides the New York power authority with the right of first offer and refusal for acquiring any renewable generation facility, renewable energy generation project and any power or energy created by a renewable generation facility or renewable energy generation project.


summary

Introduced
01/10/2025
In Committee
01/07/2026
Crossed Over
Passed
Dead

Introduced Session

2025-2026 General Assembly

Bill Summary

AN ACT to amend the public service law, in relation to providing the New York power authority with the right of first offer and refusal for certain renewable generation facilities and any power or energy created by such renewable generation facilities

AI Summary

This bill provides the New York Power Authority (NYPA) with a right of first offer and refusal for purchasing renewable energy generation facilities and their associated power or energy. Specifically, when a renewable generation facility or project is being sold, NYPA will have the opportunity to match the purchase price and become the sole purchaser. The timeframe for NYPA to make an offer depends on the size of the facility: for projects under 25 megawatts, NYPA has 30 days to make an offer, and for projects over 25 megawatts, they have 60 days. The bill clarifies that this new provision does not limit NYPA's existing legal authorities under other provisions of New York law. The purpose appears to be giving the state-established power authority a preferential opportunity to acquire renewable energy assets, potentially to help the state maintain more direct control over its renewable energy infrastructure. The bill would take effect immediately upon passage.

Committee Categories

Transportation and Infrastructure

Sponsors (6)

Last Action

REFERRED TO ENERGY AND TELECOMMUNICATIONS (on 01/07/2026)

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