New York Senate Bill S02170 Latest Draft

   
  STATE OF NEW YORK ________________________________________________________________________ 2170 2025-2026 Regular Sessions  IN SENATE January 15, 2025 ___________ 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 directing the public service commission and the Long Island power authority to extend elements of the compensation under the "Value Stack" to behind-the-meter resources The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Within one hundred twenty days of the effective date of 2 this act the public service commission shall, after a hearing held on 3 notice, extend appropriate elements of the compensation under the "Value 4 Stack", as adopted by the commission in case 15-E-0751, to resources 5 located behind customer electric meters. 6 § 2. Within one hundred eighty days of the effective date of this act, 7 the Long Island power authority shall extend appropriate elements of the 8 compensation under the "Value Stack", as adopted in the authority's 9 Value of Distributed Energy Resources tariff, to resources located 10 behind customer electric meters. 11 § 3. This act shall take effect immediately. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD06049-01-5