A8610-2011 Actions

• Jan 4, 2012: referred to energy
• Sep 21, 2011: referred to energy

A8610-2011 Text

 S T A T E   O F   N E W   Y O R K
 
 
                                         8610
 2011-2012 Regular Sessions
 I N  ASSEMBLY
 September 21, 2011
 
 Introduced  by M. of A. TITONE, LANCMAN, LUPARDO, SCHIMEL -- Multi-Spon
 sored by -- M. of A.   GLICK,  P. RIVERA,  THIELE  --  read  once  and
 referred to the Committee on Energy
 AN  ACT to amend the public service law, in relation to providing incen
 tives for energy conservation through voltage regulation
 THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM
 BLY, DO ENACT AS FOLLOWS:

 

Section  1.  The public service law is amended by adding a new section
 66-n to read as follows:

 

S 66-N. VOLTAGE REGULATION. 1. FOR PURPOSES OF THIS  SECTION  "VOLTAGE
 REGULATION  DEVICE"  SHALL  MEAN  VOLTAGE  REGULATION TECHNOLOGIES WHICH
 RAISE OR LOWER VOLTAGE DYNAMICALLY AND ARE NINETY-NINE PERCENT  OR  MORE
 EFFICIENT ACROSS AT LEAST NINETY PERCENT OF THE ELECTRIC LOAD CURVE.
 2.  ELECTRIC UTILITIES MAY RECOVER THE CAPITAL AND OPERATING COSTS AND
 EARN A FIFTEEN PERCENT RATE OF RETURN IN THE  UTILITY'S  RATE  BASES  ON
 INVESTMENTS AND INSTALLATIONS OF VOLTAGE REGULATION DEVICES.
 

S 2. This act shall take effect immediately.
 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD06186-02-1

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