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Bill > A07391


NY A07391

NY A07391
Provides that credits for excess electricity generated by customer-generators subject to net energy metering by an electric corporation or the Long Island power authority may be carried over indefinitely and used against any charges imposed by an electric corporation or the Long Island power authority when the customer-generator uses more electricity than such customer generates; provides for the accounting of credits once every 5 years and the electric corporation or Long Island power authority


summary

Introduced
03/25/2025
In Committee
03/25/2025
Crossed Over
Passed
Dead

Introduced Session

2025-2026 General Assembly

Bill Summary

AN ACT to amend the public service law and the public authorities law, in relation to credit for electricity generated by a customer-generator subject to net energy metering

AI Summary

This bill modifies existing New York state law regarding net energy metering, which allows customers who generate their own electricity (such as through solar panels) to receive credit for excess electricity they produce. The key provisions allow customer-generators to carry over their electricity credits indefinitely, meaning any excess electricity generated can be used to offset future electricity charges. Under the new law, customers can choose to either have their excess electricity credits applied to their next bill or aggregated over time, with the ability to use these credits during billing periods when they consume more electricity than they generate. Additionally, customers who opt to aggregate their credits will be entitled to an accounting of these credits once every five years, and at that time, they can either continue to hold the credits or receive payment from the electric corporation at their avoided cost (the price the utility would have paid to generate or purchase that electricity from another source). The bill applies to both electric corporations and the Long Island Power Authority, ensuring consistent treatment of customer-generated electricity across different service providers. The changes aim to provide more flexibility and financial benefit to customers who invest in on-site electricity generation technologies like solar panels.

Committee Categories

Agriculture and Natural Resources

Sponsors (2)

Last Action

referred to energy (on 03/25/2025)

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