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Bill > A03337


NY A03337

NY A03337
Authorizes the NYS power authority to allow certain governments and corporations to bundle electrical services.


summary

Introduced
01/27/2025
In Committee
01/27/2025
Crossed Over
Passed
Dead

Introduced Session

2025-2026 General Assembly

Bill Summary

AN ACT to amend the public authorities law, in relation to the powers and duties of the power authority of the state of New York

AI Summary

This bill authorizes the New York State Power Authority (NYSPA) to allow various government entities and not-for-profit corporations to bundle electrical services. Specifically, the bill amends the public authorities law by adding a new provision that permits state, county, municipal, town, village, special district, school district, and fire district governments, as well as not-for-profit corporations, to aggregate or "bundle" their electrical services. Bundling electrical services typically allows multiple entities to combine their electricity purchasing power to potentially negotiate better rates or more favorable contract terms. The bill is designed to provide more flexibility for local governments and non-profit organizations in managing their electricity procurement, which could potentially lead to cost savings or more efficient energy management. The legislation is set to take effect immediately upon enactment.

Committee Categories

Agriculture and Natural Resources

Sponsors (9)

Last Action

referred to energy (on 01/27/2025)

bill text


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