Enacts the "Customer Savings and Reliability Act" in relation to regional affordable gas transition plans to guide an orderly, affordable, and equitable right-sizing of the utility gas system in a manner that aligns with climate justice and emissions reduction provisions.
Impact
The enactment of S08421 will create a regulatory framework for gas corporations to follow, potentially changing how energy services are offered to residential customers. By facilitating an orderly transition of gas system infrastructure, the bill is expected to enhance customer access to reliable energy services. This will be particularly important in underserved communities, where access to efficient energy sources may be lagging. Additionally, the bill encourages utilities to prioritize voluntary transitions to reduce costs associated with maintaining an expansive gas system, thereby promoting investments in more sustainable energy alternatives.
Summary
Bill S08421, known as the 'Customer Savings and Reliability Act', addresses the adjustment of New York's utility gas system to enhance affordability and reliability while aligning with climate justice goals. This legislation mandates the establishment of regional affordable gas transition plans, requiring utility corporations to develop strategies that ensure sustainable gas service. These plans aim to optimize gas infrastructure while promoting energy efficiency, ultimately generating cost savings for consumers and supporting the state's emissions reduction initiatives as outlined in previous legislation from 2019.
Contention
Some opposition to S08421 revolves around the concerns that an emphasis on gas transitions could lead to reduced investments in critical infrastructure necessary for traditional gas services. Some critics argue that the commission's authority in approving gas transition projects could limit direct input from local communities and affect their autonomy to manage utility services according to specific regional needs. Furthermore, there are apprehensions about the balance between transitioning to cleaner energy sources and ensuring that existing residential customers are not left without options as this transition evolves.
Same As
Enacts the "Customer Savings and Reliability Act" in relation to regional affordable gas transition plans to guide an orderly, affordable, and equitable right-sizing of the utility gas system in a manner that aligns with climate justice and emissions reduction provisions.
Aligns utility regulation with state climate justice and emission reduction targets; repeals provisions relating to continuation of gas service; repeals provisions relating to the sale of indigenous natural gas for generation of electricity.
Aligns utility regulation with state climate justice and emission reduction targets; repeals provisions relating to continuation of gas service; repeals provisions relating to the sale of indigenous natural gas for generation of electricity.
Enacts the "housing affordability, resiliency, and energy efficiency investment act"; relates to the modernization of affordable housing financing authorities that authorize financing for the construction and rehabilitation of affordable housing.
Enacts the "housing affordability, resiliency, and energy efficiency investment act"; relates to the modernization of affordable housing financing authorities that authorize financing for the construction and rehabilitation of affordable housing.
Relates to requiring affordable housing projects to calculate and only use the area median income for the specific zip code that the project is located in for determining affordability.
Relates to requiring affordable housing projects to calculate and only use the area median income for the specific county that the project is located in for determining affordability.
Enacts the "Livable New York act" to fight back against climate change, provide additional affordable housing and provide employment opportunities for formerly incarcerated individuals.
Enacts the "Livable New York act" to fight back against climate change, provide additional affordable housing and provide employment opportunities for formerly incarcerated individuals.
Enacts the "Livable New York act" to fight back against climate change, provide additional affordable housing and provide employment opportunities for formerly incarcerated individuals.
Relates to the state greenhouse gas emission accounting system; aligns the state accounting system with the Intergovernmental Panel on Climate Change (IPCC) accounting system.
Enacts the "Customer Savings and Reliability Act" in relation to regional affordable gas transition plans to guide an orderly, affordable, and equitable right-sizing of the utility gas system in a manner that aligns with climate justice and emissions reduction provisions.