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S 1553

New York - Session 2025-2026

Senate in_committee 2026-03-26
Bill Details

Title: Provides that credits for excess electricity generated by customer-generators subject to net energy metering may be carried over and used to offset electricity used

Summary

Provides that credits for excess electricity generated by customer-generators subject to net energy metering by an electric corporation or the Long Island power authority may be carried over indefinitely and used against any charges imposed by an electric corporation or the Long Island power authority when the customer-generator uses more electricity than such customer generates; provides for the accounting of credits once every 5 years and the electric corporation or Long Island power authority shall reimburse the customer-generator for the accumulated credits.

Sponsor
Kevin S. Parker
Official Source Back to Bills
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Actions Timeline
Date Event Detail
2025-01-10 Introduced Bill introduced
2026-03-26 Status in_committee
2026-03-26 Latest Action Senate Floor Calendar
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