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S 1553 NY
Passed Legislature

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

NY · session 2025-2026 · Senate · bill

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Introduced Jan 10, 2025

Latest action (Apr 16, 2026) REFERRED TO ENERGY

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 (1)

4 coauthors / cosponsors

Action history (16)

  1. Jan 10, 2025 REFERRED TO ENERGY AND TELECOMMUNICATIONS · upper
  2. Jan 21, 2025 1ST REPORT CAL.134 · upper
  3. Jan 22, 2025 2ND REPORT CAL. · upper
  4. Jan 27, 2025 ADVANCED TO THIRD READING · upper
  5. Mar 5, 2025 PASSED SENATE · upper
  6. Mar 5, 2025 DELIVERED TO ASSEMBLY · upper
  7. Mar 5, 2025 REFERRED TO ENERGY · lower
  8. Jan 7, 2026 DIED IN ASSEMBLY · lower
  9. Jan 7, 2026 RETURNED TO SENATE · lower
  10. Jan 7, 2026 REFERRED TO ENERGY AND TELECOMMUNICATIONS · upper
  11. Mar 24, 2026 1ST REPORT CAL.629 · upper
  12. Mar 25, 2026 2ND REPORT CAL. · upper
  13. Mar 26, 2026 ADVANCED TO THIRD READING · upper
  14. Apr 15, 2026 PASSED SENATE · upper
  15. Apr 15, 2026 DELIVERED TO ASSEMBLY · upper
  16. Apr 16, 2026 REFERRED TO ENERGY · lower

Text versions (2)

The published texts of this bill as it moves through the legislature. Each links to the official document on the state legislature site. Data from OpenStates.

  • S1553 · HTML
  • S1553 · PDF

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