Requires hyperscale data centers to fund household electrification measures in host communities.

New York S10546 mandates that hyperscale data centers fund household electrification measures in host communities. This includes providing discounts or credits on electric utility bills for local residential customers or installing eligible residential technologies such as cold-climate heat pumps, heat pump water heaters, rooftop solar photovoltaic systems, and behind-the-meter battery storage systems. The Public Service Commission will establish a program to determine the preferred use of funding and the amount of discounts, credits, or installations.

Requires hyperscale data centers to fund household electrification measures in host communities.

New York S10546 mandates that hyperscale data centers fund household electrification measures in host communities. This includes providing discounts or credits on electric utility bills for local residential customers or installing eligible residential technologies such as cold-climate heat pumps, heat pump water heaters, rooftop solar photovoltaic systems, and behind-the-meter battery storage systems. The Public Service Commission will establish a program to determine the preferred use of funding and the amount of discounts, credits, or installations.