Bill

Bill > A03918


NY A03918

NY A03918
Prohibits certain charges to residential consumers in connection with the purchase of zero emissions credits from the New York State Research and Energy Development Authority and attributed to the continued operation of the nuclear powered generating facility or facilities.


summary

Introduced
01/30/2025
In Committee
01/07/2026
Crossed Over
Passed
Dead

Introduced Session

2025-2026 General Assembly

Bill Summary

AN ACT relating to prohibiting certain charges to residential consumers in connection with the purchase of zero emissions credits

AI Summary

This bill limits the amount that public utility companies, the New York Power Authority, and the Long Island Power Authority can charge residential consumers for zero emissions credits (ZECs) related to nuclear power generation. Specifically, the bill caps these charges at 25 cents per month per residential customer. Zero emissions credits are a mechanism designed to provide financial support for nuclear power plants that generate electricity without producing carbon emissions. The bill overrides any existing laws, rules, regulations, or orders that might currently allow higher charges for these credits. By setting this maximum monthly charge, the legislation aims to protect residential consumers from potentially significant increases in their electricity bills while still supporting the continued operation of nuclear power facilities in New York State. The bill would take effect immediately upon passage, providing immediate relief to residential utility customers.

Committee Categories

Agriculture and Natural Resources

Sponsors (3)

Last Action

referred to energy (on 01/07/2026)

bill text


bill summary

Loading...

bill summary

Loading...
Loading...