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

NOTE: There are more recent revisions of this legislation. Read Latest Draft

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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-Introduced.html

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                STATE OF NEW YORK
        ________________________________________________________________________

                                           402

                               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

        AN  ACT  to  amend  the  public  authorities  law and the energy 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 in order to
     7  provide zero-percent interest loans to the New York city housing author-
     8  ity to finance energy services  from  renewable  solar  energy  systems,
     9  battery  or  other  zero  emission technology storage systems and/or any
    10  other renewable generation systems as defined in section sixty-six-p  of
    11  the  public  service law for the purpose of implementing any state clean
    12  energy standard, all of which are scaled to function as  microgrids  for
    13  housing  owned by the New York city housing authority. The authority, in
    14  cooperation with the New York power authority, shall issue a competitive
    15  request for proposals from project developers that are  not  subject  to
    16  cost  of service ratemaking for the construction and installation of the
    17  renewable solar energy systems, battery or other zero emission technolo-
    18  gy storage systems and/or any  other  renewable  generation  systems  as
    19  defined in section sixty-six-p of the public service law that are scaled
    20  to  function  as microgrids for New York city housing authority housing.

         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD01174-01-3
        S. 402                              2

     1  Such microgrid systems funded through this section shall be  constructed
     2  with consideration given to increasing the demand for electricity caused
     3  by the adoption of "beneficial electrification" policies proposed pursu-
     4  ant  to  the climate leadership and community protection act. Such loans
     5  shall be funded from moneys made available pursuant to appropriations by
     6  the authority and other sources including funds from the regional green-
     7  house gas initiative.
     8    2. Notwithstanding any policies, practices, or orders  by  the  public
     9  service  commission  to  the  contrary,  if  excess  energy is generated
    10  through the systems, this excess energy generated may be  sold  back  to
    11  the grid.
    12    § 3. Section 6-104 of the energy law is amended by adding a new subdi-
    13  vision 6 to read as follows:
    14    6.  The  state  energy  plan  shall  include provisions for allowing a
    15  surcharge of up to two percent on energy bills, for the  New  York  city
    16  housing  authority to provide funds or repay loans to the New York state
    17  energy research and development authority for the installation of micro-
    18  grids as renewable solar energy systems, battery or other zero  emission
    19  technology storage systems and/or any other renewable generation systems
    20  as  defined in section sixty-six-p of the public service law for housing
    21  owned by the New York city housing authority pursuant to  section  eigh-
    22  teen hundred seventy-nine-a of the public authorities law.
    23    §  4.  Notwithstanding any provision of law to the contrary, as deemed
    24  feasible and advisable by its trustees, the New York power authority  is
    25  authorized  and  directed  to  utilize  a  portion  of its net income to
    26  support the restoration of electricity, heat and hot water  services  to
    27  tenants  of  the  New  York city housing authority and to provide energy
    28  services, including but not  limited  to  electricity,  heating,  venti-
    29  lation,  cooling, steam or hot water, to such tenants pursuant to energy
    30  performance contracts, as defined by subdivision four of  section  9-102
    31  of the energy law, through a competitive procurement process.
    32    § 5. This act shall take effect immediately.