New York S04749 mandates financial security for reclamation of solar and wind electric generating systems.

New York S04749 requires applicants for siting permits for solar and wind electric generating systems to provide financial security to ensure reclamation. This financial security must be in the form of a bond or another acceptable form determined by the commission. The amount of financial security is based on the estimated cost of reclaiming the affected land. If the financial security is canceled, the permittee must provide a replacement within 30 days, or the permit may be suspended.

New York S04749 mandates financial security for reclamation of solar and wind electric generating systems.

New York S04749 requires applicants for siting permits for solar and wind electric generating systems to provide financial security to ensure reclamation. This financial security must be in the form of a bond or another acceptable form determined by the commission. The amount of financial security is based on the estimated cost of reclaiming the affected land. If the financial security is canceled, the permittee must provide a replacement within 30 days, or the permit may be suspended.