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History
- Referred to rules
Companion bill
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Establishes the solar feed-in tariff pilot program
Assembly Floor Calendar · Sponsor Fred Thiele
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
BILL NUMBER:S8286
Title of bill
An act to amend the public authorities law, in relation to creating the solar feed-in tariff pilot program
Purpose or general idea of bill
To establish the solar feed-in tariff pilot program in the state of New York to be instituted by the Long Island Power Authority within the service area of such authority.
Summary of specific provisions
Section 1. Legislative Intent
Section 2. Establishes the terms of the solar feed-in tariff pilot program
Section 3. Severability clause
Section 4. Effective Date
Justification
This solar feed-in tariff pilot program would require-the Long Island Power Authority to initially pay $0.32 per kilowatt hour for solar energy produced by solar energy generation facilities located within its service area. Feed-in tariff programs such as this have been successfully implemented Germany and Spain, and in March of 2009, Gainesville, Florida became the first united States city to introduce a similar program for solar power.
Installation of photovoltaic devices that generate electricity by the collection and distribution of solar energy can be expensive. A solar feed-in tariff would provide an incentive for homeowners and businesses to invest in an opportunity which will ultimately result in sustainable green power sources that will deliver electricity to public utilities.
Not only will this program encourage the rapid and sustainable development of electricity from renewable sources, it will create green jobs in New York State. The German solar energy industry created over 50,000 jobs in less than five years, with the entire renewable energy industry creating as many as 200,000. More than 25,000 solar energy workers are employed in Spain. In the short time this program has been tested in Gainesville, a surge of capital investment in community solar systems has been experienced, and local contractors have been hiring to meet demand. A solar feed-in tariff program would provide a simple and transparent means for solar investments to earn reasonable and reliable returns, allowing capital to flow into clean and renewable energy systems.
Prior legislative history
2009: A.8679 - Assembly Corporations, Authorities and Commissions Committee
Fiscal implications
To be determined.
Effective date
This act shall take effect on the first of January next succeeding the date on which it shall have become a law.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.