Respond to NYSERDA's funding petition.

Date Due:: 10/5/2020
Responsible Entity:: PSC
Action:: Respond to NYSERDA's funding petition.
Summary:: The PSC must respond to any funding petition filed by NYSERDA for furtherance of the Clean Energy Resources Development and Incentives Program within four months
Status:: EXECUTED: NYSERDA petition filed 6/5/2020, approved 1015/2020
Statute:: AREGCBA § 6 adds new Public Authorities Law Title 9-B §1904(2)

The PSC is currently considering a petition filed on June 5, 2020 by NYSERDA to implement the proposed Clean Energy Resources Development and Incentives Program - also called the Build-Ready Program -- to facilitate the development of renewable generation in New York. As part of the Build-Ready Program, NYSERDA also proposes new initiatives to foster and encourage local understanding of the importance of renewable energy and the value that it can bring to local communities, including environmental justice as a key consideration of such initiatives. Comments will be accepted until August 24, 2020.

Statutory Language:

AREGCBA § 6 adds new Public Authorities Law Title 9-B §1904(2): "Without limiting the foregoing, the authority shall submit a petition or other appropriate filing to the commission describing the activities it has taken and plans to undertake in furtherance of the policy embodied in this title. Such filing may include a request for funding to allow such activities to proceed promptly and for a period of at least five years from the date of the order responding to such petition. The commission shall, in accordance with and as promptly as authorized by existing law and regulation but in no event more than four months following the submission of the petition, issue an order responding to such petition subject to any necessary and reasonable limitations based on the public service law."