New York A05510 authorizes utility companies to own large-scale renewable generation projects and mandates that net revenues from these projects go.

New York A05510 amends the public service law and labor law to support the state's energy goals by authorizing utility companies to own large-scale renewable generation projects. These projects must provide net revenues to low-income customers in the form of bill credits. The Public Service Commission is required to ensure that the power generated remains in-state and to establish a generation capacity limit. Additionally, the commission must mandate labor agreements and labor peace agreements for these projects.

New York A05510 authorizes utility companies to own large-scale renewable generation projects and mandates that net revenues from these projects go.

New York A05510 amends the public service law and labor law to support the state's energy goals by authorizing utility companies to own large-scale renewable generation projects. These projects must provide net revenues to low-income customers in the form of bill credits. The Public Service Commission is required to ensure that the power generated remains in-state and to establish a generation capacity limit. Additionally, the commission must mandate labor agreements and labor peace agreements for these projects.