2025-2026 General Assembly

S.01553

Provides that credits for excess electricity generated by customer-generators subject to net energy metering by an electric corporation or the Long Island power authority may be carried over indefinitely and used against any charges imposed by an electric corporation or the Long Island power authority when the customer-generator uses more electricity than such customer generates; provides for the accounting of credits once every 5 years and the electric corporation or Long Island power authority shall reimburse the customer-generator for the accumulated credits.

Chamber passed3/5/25

Allows credits for excess electricity generated by customer-generators to be carried over indefinitely.

New York S01553 amends the public service law to allow credits for excess electricity generated by customer-generators to be carried over indefinitely and used against any charges imposed by an electric corporation or the Long Island power authority. Credits are aggregated indefinitely and can be used when the customer-generator uses more electricity than they generate. Credits are accounted for once every five years, and the corporation must reimburse the customer-generator for the accumulated credits.

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Where it stands

Last: Passed the Senate · 52–3 · Apr 15
Current: Energy Committee
Next: House floor vote

S.01553

Where it stands

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S.01553

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