Ensures credits from residential energy generation are transferable or liquidable when property is sold.

The bill amends the public service law to ensure that credits remaining on a customer-generator's account are liquidable or transferable to the new owner of the property where the generation equipment is located. This transfer must be completed within thirty days of a request by the customer-generator, provided the corporation has proof of the deed transfer. The bill also maintains net metering as a compensation floor for residential energy producers.

Ensures credits from residential energy generation are transferable or liquidable when property is sold.

The bill amends the public service law to ensure that credits remaining on a customer-generator's account are liquidable or transferable to the new owner of the property where the generation equipment is located. This transfer must be completed within thirty days of a request by the customer-generator, provided the corporation has proof of the deed transfer. The bill also maintains net metering as a compensation floor for residential energy producers.