Establishes the "accountability of costs for data centers act"; requires each electric corporation, gas corporation and municipality to establish an independent classification of service for large energy use facilities that is separate and distinct from other industrial electricity customers; authorizes the department of public service to develop financial surety requirements.
Impact
The proposed legislation aims to ensure that the costs of significant energy consumption by data centers do not unfairly burden other types of consumers. By creating a separate classification for these facilities, the bill attempts to establish just and reasonable rates that reflect the true costs associated with supplying energy to high-demand users. This could potentially stabilize the overall costs of electricity for typical consumers and promote transparency in how energy costs are managed within the state.
Summary
Bill A09039, known as the 'Accountability of Costs for Data Centers Act' or the 'AC/DC Act,' seeks to amend the Public Service Law to establish distinct service classifications for large energy use facilities, particularly data centers. The bill mandates that electric and gas corporations, as well as municipalities, create independent classifications for these facilities, which have significant energy consumption. It requires the allocation of costs associated with serving these facilities to be borne solely by them, thus promoting fairness in charging practices within the energy market.
Contention
Notable points of contention surrounding A09039 include concerns from various stakeholders about the implications of segregating costs for large energy users from the general consumer base. Critics argue that by establishing a separate classification, there might be unintended consequences that could elevate electricity prices for smaller users or lead to leftover costs that must still be allocated across other classes. Supporters of the bill counter that this move is necessary given the increasing demand from large energy users, mainly in the technology sector, and that setting clear financial responsibilities is essential for sustainable energy management.
Establishes the downstate New York power authority to own and operate electricity service and acquire the distribution facilities formerly owned by any downstate utility corporation.
Establishes the downstate New York power authority to own and operate electricity service and acquire the distribution facilities formerly owned by any downstate utility corporation.
Updates certain requirements regarding billing for electric services, such as when corporations shall use an approved demand measuring device, mandating that classifications of service, the account and/or meter number, and the quantity billed be indicated on customers' bills.
Updates certain requirements regarding billing for electric services, such as when corporations shall use an approved demand measuring device, mandating that classifications of service, the account and/or meter number, and the quantity billed be indicated on customers' bills.
Updates certain requirements regarding billing for electric services, such as when corporations shall use an approved demand measuring device, mandating that classifications of service, the account and/or meter number, and the quantity billed be indicated on customers' bills.
Establishes a local authorities searchable subsidy and economic development benefits database; relates to the obligations of certain industrial development agencies and local development corporations.
Establishes a local authorities searchable subsidy and economic development benefits database; relates to the obligations of certain industrial development agencies and local development corporations.
Requires electric corporations, gas corporations, steam corporations and water-works corporations to adopt the common equity ratio and rate of return on equity authorized by the public service commission unless such utility can successfully demonstrate that such authorized rates do not meet their capital and/or operating needs.