What's happening
This bill gives the New York Power Authority the right to match offers and purchase certain renewable energy facilities and their output.
Why it matters
Potentially increases public ownership of renewable energy assets. by allowing the New York Power Authority (NYPA) to purchase facilities or their output whenever they are up for sale, which could shift more of the state's clean energy infrastructure under public or quasi-public control.
May impact private sector investment and competition. in New York’s renewable energy market, as private developers and investors could see their ability to acquire or sell projects diminished by NYPA’s right to match any deal.
Could influence project financing, pricing, and market dynamics. by introducing uncertainty for sellers (who must allow NYPA to match offers) and potentially affecting the valuation and strategic planning for renewable projects.
Aims to accelerate or stabilize New York’s energy transition. by giving a public entity a direct path to acquire and control renewable resources, which may help the state meet its climate goals—but also raises questions about efficiency, risk, and the balance between public and private roles in the energy sector.
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Who cares
Headline styles
Give NYPA First Purchase Rights
Plain English, a few words. Used as the page title.
Sponsors
History
- Referred to energy and telecommunications
- Referred to energy and telecommunications
Full text
1 pageUnderlined is new[Struck] is removedOfficial text on nysenate.gov ↗
STATE OF NEW YORK
1546
2025-2026 Regular Sessions
IN SENATE
January 10, 2025
Introduced by Sens. PARKER, ADDABBO, GIANARIS, HOYLMAN-SIGAL, SALAZAR, SANDERS -- read twice and ordered printed, and when printed to be committed to the Committee on Energy and Telecommunications
AN ACT to amend the public service law, in relation to providing the New York power authority with the right of first offer and refusal for certain renewable generation facilities and any power or energy created by such renewable generation facilities
The People of the State of New York, represented in Senate and Assembly, do enact as follows:
Section 1. The public service law is amended by adding a new section 28 to read as follows:
§ 28. New York power authority right of first offer and refusal. The New York power authority, as established by title one of article five of the public authorities law, shall be allowed to match the purchase price of any renewable generation facility, renewable energy generation project and any power or energy created by a renewable generation facility or renewable energy generation project, at the time of sale of such facility or project. In the event that the authority decides to match and offer such purchase price, within the timeframes provided in this section, the authority shall assume the role of the sole purchaser of the renewable generation facility, renewable energy generation project or any power or energy created by a renewable generation facility or renewable energy generation project. In the event that the authority decided to exercise the right of first offer, it shall make such offer within thirty days after the notice of sale for a renewable energy generations project or renewable generation facility with a nameplate capacity of less than twenty-five megawatts and within sixty days for a renewable energy generation project or renewable generation facility with a nameplate capacity larger than twenty-five megawatts.
§ 2. Nothing in this act is intended to limit, impair, or affect the legal authority of the power authority of the state of New York under any other provision of title 1 of article 5 of the public authorities law.
§ 3. This act shall take effect immediately.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD04518-01-5
Reflowed for reading: line numbers and page breaks removed. Cite the official text.
Sponsor's memo
Title of bill
An act to amend the public service law, in relation to providing the New York power authority with the right of first offer and refusal for certain renewable generation facilities and any power or energy created by such renewable generation facilities
Purpose or general idea of bill
This bill will provide temporary housing assistance to a single individ- ual who meets the residential program providers' eligibility require- ments for victims of domestic violence as defined in section four hundred fifty-nine-a of the ,social services law, while allowing the program provider to be reimbursed by New York State for any payment differential for housing a single individual in a room intended for double occupancy in order to address the system-wide lack of shelter for single adults.
Summary of specific provisions
This bill will provide temporary housing assistance to a single individ- ual who meets the residential program providers' eligibility require- ments for victims of domestic violence as defined in section four hundred fifty-nine-a of the social services law, while allowing the program provider to be reimbursed by New York State for any payment differential for housing a single individual in a room intended for double occupancy in order to address the systemwide lack of shelter for single adults.
Justification
The domestic violence emergency shelter system was originally created to provide short-term respite for victims of domestic violence and their families who were fleeing imminent danger. All across New York State,but particularly in New York City, domestic violence shelters were created over several decades to house families rather than single adults. Non- profit providers who operate these shelters are reimbursed by the State (0CF5) per person per night.
This reimbursement from the State is supposed to cover the entire cost of operating those shelters, including rent, utilities, staffing, insur- ance, and other inflationary factors. Any reduction in this reimburse- ment severely impacts the ability of the provider to cover the cost of operating the shelter. As a result, domestic violence emergency shelter providers have major financial disincentives to "downsize" a room/apartment in order to accommodate a smaller family size, including most prominently single adult victims of domestic violence, human traf- ficking, and 'sexual assault. As a result, single adult victims of these and other crimes have a much more difficult time trying to access domes- tic violence emergency shelters, and instead may be forced to remain in an unsafe situation. This legislation will require the State to preserve the full reimbursement to providers who "downsize" a room configured for a family of two to accommodate a single adult victim of violence, and will therefore help increase system-wide capacity for single adults who otherwise faced serious obstacles to accessing this shelter system.
Prior legislative history
2023-2024: S2583B
A.1847 of 2021-2022;
A.2381 of 2019-2020;
A.9672 of 2017-2018.
Fiscal implications
To be determined.
Effective date
This act shall take effect immediately.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.