What's happening
This bill ensures residential energy producers in New York are never compensated below net metering rates for their energy.
Why it matters
Protects residential energy producers from future policy changes. By establishing net metering as a minimum compensation floor, this bill prevents regulatory bodies or utilities from lowering payments to residential solar (and other renewable) producers below current net metering rates, even if broader electricity market rules change.
Provides financial certainty for rooftop solar investments. Homeowners considering solar installations will have greater assurance that their investment returns won’t be undermined by unexpected drops in compensation for the electricity they generate.
May impact the pace and direction of clean energy adoption. By guaranteeing this compensation floor, the bill could encourage more residents to install solar panels, potentially accelerating New York’s transition to renewable energy and supporting grid resiliency.
Limits flexibility for future rate reforms. This amendment could restrict the Public Service Commission’s ability to redesign compensation schemes in ways that might otherwise incentivize different energy behaviors or system upgrades, locking in current net metering structures as a baseline.
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Who cares
Headline styles
Protect Solar Energy Payments
Plain English, a few words. Used as the page title.
Sponsors
2 Co-sponsors
History
- Enacting clause stricken
- Referred to energy
- Referred to energy
Full text
1 pageUnderlined is new[Struck] is removedOfficial text on nysenate.gov ↗
STATE OF NEW YORK
815
2025-2026 Regular Sessions
IN ASSEMBLY (Prefiled)
January 8, 2025
Introduced by M. of A. STECK, DeSTEFANO, SIMON -- read once and referred to the Committee on Energy
AN ACT to amend the public service law, in relation to ensuring net metering is maintained as a compensation floor for residential producers of energy
The People of the State of New York, represented in Senate and Assembly, do enact as follows:
Section 1. Subdivision 6 of section 66-j of the public service law, as amended by chapter 355 of the laws of 2009, is amended to read as follows:
6. Electric restructuring. Notwithstanding the provisions of this section, including, but not limited to paragraph (b) of subdivision three of this section, a customer-generator shall comply with any applicable determinations of the commission relating to restructuring of the electric industry. However, customer-generators shall never be compensated at a value less than would exist under net energy metering.
§ 2. Subdivision 6 of section 66-l of the public service law, as amended by chapter 721 of the laws of 2006, is amended to read as follows:
6. Electric restructuring. Notwithstanding the provisions of this section, including, but not limited to paragraph (c) of subdivision three of this section, a customer-generator shall comply with any applicable determinations of the commission relating to restructuring of the electric industry. However, customer-generators shall never be compensated at a value less than would exist under net energy metering.
§ 3. This act shall take effect immediately.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD03349-01-5
Reflowed for reading: line numbers and page breaks removed. Cite the official text.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.