Bill > A05510

This bill addresses New York state's renewable energy goals by authorizing utility companies to own and operate large-scale renewable energy generation facilities, with several key provisions. The bill allows utility corporations to build renewable energy projects individually or in partnership, with a generation capacity limit of 25 percent of the state's total renewable energy needs. Importantly, any net revenues generated from these facilities must be provided to low-income customers through bill credits, in addition to existing assistance programs. The bill requires that these renewable energy projects be built through a competitive third-party bidding process, subject to public service commission oversight to ensure the power remains in-state and benefits New York customers. The legislation also mandates labor peace agreements to prevent work disruptions and requires that structural iron and steel used in these projects be predominantly manufactured in the United States. This approach is part of New York's broader climate strategy, which aims to have 70% of electricity from renewable sources by 2030 and 100% from carbon-neutral sources by 2040, addressing the current insufficient pace of renewable energy development in the state.

Agriculture and Natural Resources

https://www.nysenate.gov/legislation/bills/2025/A5510