Bill Text: NY A09451 | 2009-2010 | General Assembly | Introduced

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Bill Title: Provides incentives for energy conservation through voltage regulation; allows utility companies to recover lost revenue when installing voltage regulation devices.

Spectrum: Partisan Bill (Democrat 15-0)

Status: (Introduced - Dead) 2010-01-06 - referred to energy [A09451 Detail]

Download: New_York-2009-A09451-Introduced.html

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                           S T A T E   O F   N E W   Y O R K
       ________________________________________________________________________
                                         9451
                                 I N  A S S E M B L Y
                                      (PREFILED)
                                    January 6, 2010
                                      ___________
       Introduced by M. of A. BING, LANCMAN, STIRPE, TITONE, LUPARDO, FIELDS --
         Multi-Sponsored by -- M. of A. DESTITO, HYER-SPENCER, O'DONNELL, PHEF-
         FER -- 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:
    1    Section  1.  The public service law is amended by adding a new section
    2  66-m to read as follows:
    3    S 66-M. VOLTAGE REGULATION. 1. FOR PURPOSES OF THIS  SECTION  "VOLTAGE
    4  REGULATION  DEVICE"  SHALL  MEAN  VOLTAGE  REGULATION TECHNOLOGIES WHICH
    5  RAISE OR LOWER VOLTAGE DYNAMICALLY AND ARE NINETY-NINE PERCENT  OR  MORE
    6  EFFICIENT ACROSS AT LEAST NINETY PERCENT OF THE ELECTRIC LOAD CURVE.
    7    2.  ELECTRIC UTILITIES MAY RECOVER THE CAPITAL AND OPERATING COSTS AND
    8  EARN A FIFTEEN PERCENT RATE OF RETURN IN THE  UTILITY'S  RATE  BASES  ON
    9  INVESTMENTS AND INSTALLATIONS OF VOLTAGE REGULATION DEVICES.
   10    S 2. This act shall take effect immediately.
        EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                             [ ] is old law to be omitted.
                                                                  LBD14843-01-9