Bill S7199-2009

Relates to creating a sustainable energy loan program in the county of Nassau

Relates to creating a sustainable energy loan program in the county of Nassau to promote energy efficiency among residents and businesses within the county of Nassau.

Details

Actions

  • Jun 14, 2010: ADVANCED TO THIRD READING
  • Jun 10, 2010: 2ND REPORT CAL.
  • Jun 9, 2010: 1ST REPORT CAL.914
  • Mar 22, 2010: REFERRED TO LOCAL GOVERNMENT

Votes

VOTE: COMMITTEE VOTE: - Local Government - Jun 9, 2010
Ayes (7): Stewart-Cousins, Oppenheimer, Valesky, Thompson, Johnson C, Little, Bonacic
Excused (1): Morahan

Memo

 BILL NUMBER:  S7199

TITLE OF BILL : An act in relation to creating a sustainable energy loan program in the county of Nassau

PURPOSE : This legislation is intended to reduce energy costs and greenhouse gas emissions as well as make energy efficiency and renewable energy improvements more affordable to homeowners and businesses within Nassau County. Accordingly, it authorizes Nassau County to offer sustainable energy loans to help homeowners and businesses within the county finance the installation of distributed generation renewable energy sources and/or energy efficiency improvements.

SUMMARY OF PROVISIONS : Section 1: Legislative intent

Section 2:

* Provides definitions of "distributed generation," "renewable energy source" and "energy efficiency improvement".

* Authorizes the County of Nassau to offer, in its discretion, sustainable energy loans to help its homeowners and businesses finance the installation of distributed generation renewable energy sources and/or energy efficiency improvements.

* Authorizes the town to use monies made available for the program from federal grants to implement the sustainable energy loan program. The loans issued by the town under this program will be repaid by the borrower through an assessment levied by the town on the real property where the sustainable energy loan was applied. The total amount of each such loan provided by the town cannot exceed the actual cost of the equipment and the materials necessary for the installation of distributed generation renewable energy sources or the energy efficiency improvements.

* Provides further that the County of Nassau declares that this legislation is necessary for the immediate protection of the public interest and for the implementation of the energy efficiency and greenhouse gas reduction plans of the town and the state of New York.

Section 3: Effective date

JUSTIFICATION : To address the issue of global climate change, greenhouse gas emissions and in an effort to meet statewide energy efficiency goals the County of Nassau has embarked on an effort to reduce energy demand from existing municipal buildings. This legislation will expand this effort to residents and businesses throughout the county enhancing accessibility to energy resources, decreasing the use and reliance on nonrenewable technologies and help protect our environment by promoting energy efficient improvements. The energy loan program would provide a financing option for homeowners and commercial properties for sometimes costly environmentally friendly improvements providing an additional incentive to invest in such improvements.

LEGISLATIVE HISTORY : New Bill.

FISCAL IMPLICATIONS : None.

EFFECTIVE DATE : Immediately.

Text

STATE OF NEW YORK ________________________________________________________________________ 7199 IN SENATE March 22, 2010 ___________
Introduced by Sen. FUSCHILLO -- read twice and ordered printed, and when printed to be committed to the Committee on Local Government AN ACT in relation to creating a sustainable energy loan program in the county of Nassau THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Legislative intent. (a) It is the intent of the county of Nassau to promote energy efficiency among residents and businesses with- in the county, including the promotion of energy efficiency improvements and the utilization of renewable energy sources in existing buildings within the county. (b) In order to address the issue of global climate change and green- house gas emissions in the county of Nassau, the county has embarked upon an effort to reduce energy demand from existing buildings so as to have the county of Nassau meet statewide energy efficient goals. In order to assist residents and businesses in the county of Nassau make energy efficiency improvements more affordable and to promote the installation and utilization of such improvements, it is necessary to set forth a mechanism to finance the cost of such energy efficiency improvements. (c) Pursuant thereto, this legislation will help lower energy costs, reduce greenhouse gas emissions and make energy efficiency and renewable energy improvements more affordable by offering a sustainable energy loan program to assist homeowners and businesses within the county of Nassau in the installation of distributed generation renewable energy sources or energy efficiency improvements. Such loans to be offered by the county shall be repaid over a period of time through an annual assessment on the property of the borrower. S 2. County of Nassau sustainable energy loan program. 1. Definitions. For the purposes of this act, the following terms shall have the follow- ing meanings: (a) "Distributed generation" shall mean the generation of energy close to the point of use.
(b) "Renewable energy source" shall mean solar, wind, photovoltaics, tidal, geothermal, fuel cell technologies and low-impact, run-of-river hydroelectric electric generating equipment with capacity up to thirty megawatts with no new storage impoundment. (c) "Energy efficiency improvement" shall mean a material improvement made to an existing residential or business property that reduces energy consumption, including but not limited to caulking, weatherstripping, air sealing, insulation, heating and cooling systems upgrades, solar thermal systems and conservation measures, in a cost-effective manner as determined by the county, provided, however, that "energy efficiency improvement" does not include a household appliance, such as a washing machine or refrigerator, that is not permanently fixed to real property. 2. Sustainable energy loan program. (a) The county of Nassau at its discretion shall offer a sustainable energy loan to homeowners, busi- nesses and not-for-profit organizations for the financing of the instal- lation of distributed generation renewable energy sources and/or energy efficiency improvements that will be permanently affixed to the property of the borrower. (b) The county of Nassau is authorized to use monies made available for the program from federal grants and state and county issued bonds that may be used for this purpose, to implement the sustainable energy loan program. (c) Such loans shall only be available to owners of improved residen- tial and commercial properties that are undergoing capital improvements or upgrades. (d) The loans issued by the county pursuant to this program, shall be repaid by the borrower through an assessment levied by the county on the real property where the sustainable energy loan was applied. Such assessment shall be included annually within the county real property tax bill which is transmitted to the borrower until repaid in full. (e) The aggregate amount of each sustainable energy loan provided by the county of Nassau shall not exceed the actual cost of the equipment and materials necessary for the installation of distributed generation renewable energy sources or energy efficiency improvements, including the installation costs of such equipment. (f) Assessments levied pursuant to this section, including any inter- est and penalties, shall constitute a lien upon the parcel of real prop- erty for which the loan is made. 3. Necessity. The county legislature of the county of Nassau declares that this legislation is necessary for the immediate protection of the public interest and for the implementation of the energy efficiency and greenhouse gas reduction plans of the county legislature and the state of New York. S 3. This act shall take effect immediately.

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