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Bill > A04225


NY A04225

NY A04225
Directs the New York state energy research and development authority to conduct a study of the technical and economic feasibility and ratepayer impact of a zero-emission electrical system and a reduction in greenhouse gas emissions.


summary

Introduced
01/31/2025
In Committee
01/07/2026
Crossed Over
Passed
Dead

Introduced Session

2025-2026 General Assembly

Bill Summary

AN ACT to amend the public authorities law, in relation to directing the New York state energy research and development authority to conduct a study of the technical and economic feasibility and ratepayer impact of a zero-emission electrical system and a reduction in greenhouse gas emissions

AI Summary

This bill directs the New York State Energy Research and Development Authority (NYSERDA) to conduct a comprehensive study on the technical and economic feasibility of transitioning to a zero-emission electrical system and reducing greenhouse gas emissions. Specifically, the study must examine the potential to achieve a zero-emissions statewide electrical system by 2040 and 100% renewable energy generation by 2034 or 2054, as well as greenhouse gas emission reductions of 60% by 2030 and 85% by 2050 (compared to 1990 levels). The study must assess the costs, economic impacts, and ratepayer implications of these goals, including detailed analyses of potential expenses for consumers such as installing renewable energy systems, replacing heating systems, upgrading electrical services, and purchasing electric vehicles. NYSERDA is required to consult with various stakeholders, including academic partners, electric corporations, environmental justice groups, and labor unions, and may contract with an independent researcher to complete the study. The authority must prepare a report and submit it to key state government officials by 30 days after the study's completion, with the option for the Long Island Power Authority and the Power Authority of New York to voluntarily contribute to the study's funding.

Committee Categories

Agriculture and Natural Resources

Sponsors (2)

Last Action

referred to energy (on 01/07/2026)

bill text


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