Establishes a plan to promote increased residential use of energy efficient modalities

1 Co-sponsor

• Bill Perkins

BILL NUMBER:S1048A

Title of bill

An act in relation to establishing a plan to promote increased residential use of energy efficient modalities

Purpose or general idea of bill

To establish a plan to promote increased residential use of energy efficient modalities.

Summary of specific provisions

Section 1. The president of NYSERDA and the executive director of the dormitory authority, in consultation with the chair of the public service commission, the presidents of the power authority of New York State, and Long Island and officials from one or more private electric and gas utility companies that operate with the state shall establish a plan to promote increased residential use of energy efficient modalities among customers. The plan shall be completed by December 1, 2013 and approved by NYSERDA and the Dormitory Authority, and presented to the director of budget, and the secretaries of the senate finance committee and the assembly ways and means committee.

Section 2. Elements of the plan should include an equipment and utilization plan, with a description of energy efficient modalities to be promoted, criteria for qualifying consumers, criteria for establishing a cost-benefit analysis, a marketing plan, and a financing plan.

Section 3. Pilot program implementation

Section 4. Dormitory authority bonds. They may issue its bonds and notes up to the maximum $5 million dollars for the purpose of financing the purchase of energy efficient modalities by consumers.

Section 5. Effective Date

Justification

Energy costs continue to rise each year, with no end in sight. The state must do everything it can to help consumers find ways to get affordable energy in this time of crisis. Establishing a plan to promote increased residential use of energy efficient modalities will have major benefits in lowering cost for consumers as well as lowering consumption.

Prior legislative history

2009-10: S.5125A/A.5103A - Referred to Energy & Telecommunications 2008-09: A.11577 - Energy

Fiscal implications

None to the state.

Effective date

This act shall take effect immediately.