Bill S1553 - Net Metering Credits Carryover

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Senate

      Bill
      S1553

2025-2026 Legislative Session 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

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Sponsored By

Kevin S. Parker

(D, WF) 21st Senate District

Current

        Bill Status
        - Passed Senate

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co-Sponsors

Rachel May

(D, WF) 48th Senate District

Peter Oberacker

(R, C) 51st Senate District

Lea Webb

(D, WF) 52nd Senate District

Jeremy J. Zellner

(D) 61st Senate District

2025-S1553

       (ACTIVE)
      - Details

See Assembly Version of this Bill: A7391 Law Section: Public Service Law Laws Affected: Amd §§66-j & 66-l, Pub Serv L; amd §1020-g, Pub Auth L Versions Introduced in Other Legislative Sessions: 2011-2012: S5839
2013-2014: S2957
2015-2016: S2878
2017-2018: S2696
2019-2020: S3596
2021-2022: S3140
2023-2024: S4304

2025-S1553

           (ACTIVE)
          - 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.

2025-S1553

         (ACTIVE)
        - Sponsor Memo

BILL NUMBER: S1553

SPONSOR: PARKER
 
TITLE OF BILL:

An act to amend the public service law and the public authorities law,
in relation to credit for electricity generated by a customer-generator
subject to net energy metering

 
PURPOSE OR GENERAL IDEA OF BILL:

To provide that credits for excess electricity generated by customer-
generators subject to net metering may be carried over and used to
offset electricity used.

 
SUMMARY OF SPECIFIC PROVISIONS:

Section 1 amends subdivision 4 of section 66-j of the Public Service
Law, as amended by Chapter 355 of the laws of 2009.

Section 2 amends subdivision 4 of section 66-1 of the Public Service
Law, as amended by Chapter 721 of the laws of 2006, paragraphs (b) and
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2025-S1553

       (ACTIVE)
      - Bill Text [download pdf](https://legislation.nysenate.gov/pdf/bills/2025/s1553)

S T A T E O F N E W Y O R K

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                               1553

                    2025-2026 Regular Sessions

                         I N  S E N A T E

                         January 10, 2025
                            ___________

Introduced by Sens. PARKER, WEBB -- read twice and ordered printed, and
when printed to be committed to the Committee on Energy and Telecommu-
nications

AN ACT to amend the public service law and the public authorities law,
in relation to credit for electricity generated by a customer-genera-
tor subject to net energy metering

THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:

Section 1. Subdivision 4 of section 66-j of the public service law, as
amended by chapter 355 of the laws of 2009, paragraph (b) as amended by
chapter 691 of the laws of 2022 and (c) as amended by chapter 494 of the
laws of 2014, is amended to read as follows:
4. Rates. An electric corporation shall use net energy metering to
measure and charge for the net electricity supplied by the corporation
and provided to the corporation by a customer-generator, according to
these requirements:
(a) In the event that the amount of electricity supplied by the corpo-
ration during the billing period exceeds the amount of electricity
provided by a customer-generator, the corporation shall, AFTER DEDUCT-
ING, FROM THE AGGREGATE OF UNUSED CREDIT FOR EXCESS ELECTRICITY GENER-
ATED BY SUCH CUSTOMER-GENERATOR PRIOR TO SUCH BILLING PERIOD, AN AMOUNT
OF CREDIT EQUAL TO THE AMOUNT OF ELECTRICITY SUPPLIED BY THE ELECTRIC
CORPORATION, TO THE EXTENT SUCH CREDIT EXISTS, AND MAY THEREAFTER charge
the customer-generator for the net electricity supplied, AFTER DEDUCTION
OF SUCH CREDITS, at the same rate per kilowatt hour applicable to
service provided to other customers in the same service class which do
not generate electricity onsite.
(b) In the event that the amount of electricity produced by a custom-
er-generator during the billing period exceeds the amount of electricity
used by the customer-generator, the corporation shall (I) apply a credit
to the next bill for service to the customer-generator for the net elec-

EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD04572-01-5
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