Enacts the "ratepayer disclosure and transparency act" which requires an annual report that includes the estimated or actual ratepayer costs and benefits of any mandated state energy program to the governor and legislature including any New York climate leadership and community protection act compliance costs.
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.
Establishes the previously owned zero-emission vehicles rebate program to provide an incentive of an amount up to $2,000 for individuals who purchase used or previously owned zero-emission vehicles.
Relates to the municipal sustainable energy loan program; includes water efficiency improvements and resiliency improvements in the municipal sustainable energy loan program.
Directs the public service commission and the Long Island power authority to extend appropriate elements of the compensation under the "Value Stack" to resources located behind customer electric meters.
Enacts "the planned offshore wind transmission act"; requires the New York state energy and research development authority to establish a plan for improved transmission planning and coordinating systems for an offshore grid; requires the authority conduct a benefit-cost-analysis and ratepayer impact study to determine the overall costs of implementing planned transmission and coordinated systems for an offshore grid.
Establishes a program for eligible zero emissions energy systems to promote private sector investment for the purpose of meeting the target that by the year two thousand forty the statewide electrical demand system will be zero emissions.
Authorizes and directs the public service commission and the New York state energy research and development authority to conduct a study on peaker plant electric generating facilities on Long Island.
Directs the commissioner of health and the president of the New York state energy research and development authority (NYSERDA) to study and make recommendations on the impacts of electric vehicles on personal medical devices.
Requires distribution centers which are 50,000 sq. ft. or more to be equipped with electric vehicle charging stations as determined by the secretary of state and NYSERDA.
Requires a study on the national electric safety code line height standard for overhead utility lines and communication lines as such relate to the height of agricultural equipment and other heavy duty equipment.
Relates to establishing discount programs for low-income senior citizens and individuals with a disability; provides that utilities, waterworks corporations, telephone corporations and cable television companies shall create discount programs that provide a 10 percent discount to low-income senior citizens and individuals with a disability; defines terms.