Bill Text: NY S00402 | 2023-2024 | General Assembly | Amended

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Bill Title: Creates a revolving loan fund through the New York state energy research and development authority for the purpose of building renewable energy storage systems scaled to function as microgrids to power housing owned by the New York city housing authority.

Spectrum: Partisan Bill (Democrat 2-0)

Status: (Introduced) 2024-02-27 - REPORTED AND COMMITTED TO FINANCE [S00402 Detail]

Download: New_York-2023-S00402-Amended.html

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                STATE OF NEW YORK
        ________________________________________________________________________

                                         402--A

                               2023-2024 Regular Sessions

                    IN SENATE

                                       (Prefiled)

                                     January 4, 2023
                                       ___________

        Introduced  by  Sen.  PARKER -- read twice and ordered printed, and when
          printed to be committed to the Committee on  Energy  and  Telecommuni-
          cations  --  recommitted  to  the Committee on Energy and Telecommuni-
          cations in  accordance  with  Senate  Rule  6,  sec.  8  --  committee
          discharged, bill amended, ordered reprinted as amended and recommitted
          to said committee

        AN  ACT  to  amend the public authorities law, in relation to creating a
          revolving loan fund through the New York  state  energy  research  and
          development authority for the purpose of building renewable and energy
          storage  systems  scaled  to  function  as microgrids to power housing
          owned by the New York city housing authority

          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:

     1    Section  1.  This  act  shall  be known and may be cited as the "NYCHA
     2  microgrids development and revolving loan act".
     3    § 2. The public authorities law is amended by  adding  a  new  section
     4  1879-a to read as follows:
     5    §  1879-a.  NYCHA  microgrid  loan program. 1. The authority is hereby
     6  authorized and directed to establish a revolving loan fund,  subject  to
     7  available appropriations for such purpose, in order to provide zero-per-
     8  cent  interest  loans  to the New York city housing authority to finance
     9  energy services from renewable solar energy systems,  battery  or  other
    10  zero  emission  technology  storage  systems  and/or any other renewable
    11  generation systems as defined  in  section  sixty-six-p  of  the  public
    12  service law for the purpose of implementing any state clean energy stan-
    13  dard,  all  of  which  are  scaled to function as microgrids for housing
    14  owned by the New York city housing authority. The authority, in  cooper-
    15  ation  with  the  New  York  power  authority, shall issue a competitive
    16  request for proposals from project developers that are  not  subject  to
    17  cost  of service ratemaking for the construction and installation of the

         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD01174-02-4
        S. 402--A                           2

     1  renewable solar energy systems, battery or other zero emission technolo-
     2  gy storage systems and/or any  other  renewable  generation  systems  as
     3  defined in section sixty-six-p of the public service law that are scaled
     4  to  function  as microgrids for New York city housing authority housing.
     5  Such microgrid systems funded through this section shall be  constructed
     6  with consideration given to increasing the demand for electricity caused
     7  by the adoption of "beneficial electrification" policies proposed pursu-
     8  ant to the climate leadership and community protection act.
     9    2.  Notwithstanding  any  policies, practices, or orders by the public
    10  service commission to  the  contrary,  if  excess  energy  is  generated
    11  through  the  systems,  this excess energy generated may be sold back to
    12  the grid.
    13    § 3. Notwithstanding any provision of law to the contrary,  as  deemed
    14  feasible  and advisable by its trustees, the New York power authority is
    15  authorized and directed to utilize  a  portion  of  its  net  income  to
    16  support  the  restoration of electricity, heat and hot water services to
    17  tenants of the New York city housing authority  and  to  provide  energy
    18  services,  including  but  not  limited  to electricity, heating, venti-
    19  lation, cooling, steam or hot water, to such tenants pursuant to  energy
    20  performance  contracts,  as defined by subdivision four of section 9-102
    21  of the energy law, through a competitive procurement process.
    22    § 4. This act shall take effect immediately.