New York S04086 authorizes utility companies to own large-scale renewable energy projects and mandates that net revenues from these projects benefit.
New York S04086 amends the Public Service Law and Labor Law to allow utility companies to own and operate renewable energy projects. These projects must provide net revenues to low-income customers. The bill also mandates that the Public Service Commission require labor agreements and labor peace agreements for these projects. These agreements must protect the state's interests by prohibiting economic interference with the projects.
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