Establishes a community solar pilot program.
TITLE OF BILL: An act to amend the public service law, in relation to the community solar pilot program
PURPOSE: Establishes a community solar pilot program
SUMMARY OF PROVISIONS:
Section 1 amends the public service law by adding a new section 66-n, which details the Community Solar pilot program.
Section 2 sets an immediate effective date.
JUSTIFICATION: Many New Yorkers would like to move to solar energy, but are unable to because they live in an apartment or other situation that is unsuitable for a solar installation. A community solar pilot project will allow those New Yorkers to invest in off-site solar energy, offsetting their energy consumption and creating an ongoing funding stream for new installations.
Electricity generated by solar power systems is clean, renewable, and reliable. These systems reduce the amount of greenhouse gases and help to save money on electricity and natural gas bills. Solar power systems can also provide communities with fixed energy costs along with reduced pressure on the electrical grid while providing additional electricity when they generate more than is used during the day.
LEGISLATIVE HISTORY: This is a new bill.
LOCAL FISCAL IMPLICATIONS: None
EFFECTIVE DATE: This act shall take effect immediately.
STATE OF NEW YORK ________________________________________________________________________ 7444 IN SENATE May 15, 2014 ___________Introduced by Sen. GIPSON -- read twice and ordered printed, and when printed to be committed to the Committee on Energy and Telecommuni- cations AN ACT to amend the public service law, in relation to the community solar pilot program 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. COMMUNITY SOLAR PILOT PROGRAM. 1. THE COMMISSION SHALL ESTAB- LISH A NEW YORK STATE PILOT PROGRAM PROMOTING THE USE OF COMMUNITY SOLAR ENERGY. 2. THE COMMISSION SHALL OVERSEE THE IMPLEMENTATION OF THE PILOT PROGRAM AND SHALL ISSUE AN ORDER OF THE COMMISSION AUTHORIZING THE CONSTRUCTION OF A SOLAR INSTALLATION. 3. THE COMMISSION SHALL INVITE CONSUMERS TO PARTICIPATE IN THE PROGRAM AS SUBSCRIBERS, PROVIDED THAT: A. THE COMMISSION SHALL SET A SUBSCRIPTION SCHEDULE, INCLUDING THE PRICE PER WATT TO SUBSCRIBE AND THE PERCENTAGE OF THE TOTAL INSTALLATION EACH SUBSCRIPTION LEVEL SHALL REPRESENT; B. SUBSCRIBERS SHALL MAKE A ONE TIME PAYMENT TO THE COMMISSION AND, IN RETURN, SUBSCRIBERS SHALL BE PAID A QUARTERLY DIVIDEND FOR THE ENERGY GENERATED BY THE WATTS COVERED BY THEIR SUBSCRIPTION LEVEL; C. A CONSUMER SHALL BE PAID ON A QUARTERLY BASIS BASED ON THE CONSUM- ER'S SUBSCRIPTION LEVEL; D. THE COMMISSION SHALL SET A MAXIMUM NUMBER OF SUBSCRIPTIONS AT EACH LEVEL; AND E. THE MINIMUM PRICE PER SUBSCRIPTION SHALL NOT EXCEED FIVE HUNDRED DOLLARS. 4. ALL ENERGY GENERATED BY THE SOLAR INSTALLATION SHALL BE SOLD BACK TO AN INVESTOR-OWNED UTILITY. 5. ONE PERCENT OF ALL PAYMENTS DUE TO SUBSCRIBERS SHALL BE HELD BY THE COMMISSION TO PAY FOR THE CAPITAL INVESTMENT INTO THE ORIGINAL SOLAR INSTALLATION. AFTER THE ORIGINAL INSTALLATION HAS BEEN PAID IN FULL, THEEXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD13079-01-3 S. 7444 2
ONE PERCENT HELD BY THE COMMISSION SHALL BE USED TO FUND NEW SOLAR INSTALLATIONS IN THE SAME MANNER. 6. THE STATE SHALL RETAIN OWNERSHIP OF THE SOLAR INSTALLATION AND OF ANY RENEWABLE ENERGY CREDITS GENERATED BY THE INSTALLATION. 7. SUBSCRIBERS SHALL BE PAID FOR ENERGY GENERATED AT THE RETAIL RATE AND NOT AT THE AVOIDED-COST RATE. 8. THE MAXIMUM SIZE OF THE INSTALLATION SHALL BE TWO THOUSAND KILO- WATTS. 9. SUBSCRIPTIONS MAY NOT BE RESOLD TO ANY ENTITY OTHER THAN THE STATE. S 2. This act shall take effect immediately.