Authorizes the New York state energy research and development authority to administer a program to provide grants or loans for the costs related to enabling switching residences with propane or fuel-oil heating systems to efficient electric heat pumps.
NEW YORK STATE ASSEMBLY MEMORANDUM IN SUPPORT OF LEGISLATION submitted in accordance with Assembly Rule III, Sec 1(f)
BILL NUMBER: A8595A
SPONSOR: Zebrowski TITLE OF BILL:
An act to amend the public authorities law, in relation to authorizing
the New York state energy research and development authority to adminis-
ter a program to provide grants related to switching residences to elec-
tric heat pumps
PURPOSE:
This bill would authorize NYSERDA to establish and implement a Delivered
Fuels Replacement Program to provide grants or loans for residential
homes to transition from delivered fuels heating to efficient electric
heat pumps.
SUMMARY OF PROVISIONS:
Section 1: Creates a new subdivision 27 to section 1854 of the public
service law to authorize NYSERDA to establish and implement a Delivered
Fuels Replacement Program to provide grants or loans to transition
delivered fuels residential homes to efficient electric heat pumps.
Section 2: Establishes the effective Date
JUSTIFICATION:
Approximately 1.8 million New York households use delivered fuels,
including fuel oil and propane furnaces and water heaters. The residents
of New York state consume more heating oil than any other state in the
country; Transitioning homes on delivered fuels to electrified ones will
yield significant economic, health and environmental benefits.
98% of New York households on delivered fuels would save money by elec-
trifying space heating with the average household saving $1,451 per
year, representing $3 billion in potential savings every year.
Electrifying delivered fuel space heating is the highest impact residen-
tial decarbonization action New York can take; doing so would eliminate
34-55% more carbon pollution than electrifying the same number of gas
furnaces.
This legislation will authorize NYSERDA to establish and implement a
program focused on providing grants and loans for residential homes to
transition from delivered fuels to efficient electric heat pumps.
LEGISLATIVE HISTORY:
New Bill.
FISCAL IMPLICATIONS:
TBD
EFFECTIVE DATE:
Immediately.
STATE OF NEW YORK
________________________________________________________________________
8595--A
IN ASSEMBLY
January 12, 2024
___________
Introduced by M. of A. ZEBROWSKI, JACOBSON, OTIS, L. ROSENTHAL -- read
once and referred to the Committee on Corporations, Authorities and
Commissions -- reported and referred to the Committee on Ways and
Means -- reported and referred to the Committee on Rules -- Rules
Committee discharged, bill amended, ordered reprinted as amended and
recommitted to the Committee on Rules
AN ACT to amend the public authorities law, in relation to authorizing
the New York state energy research and development authority to admin-
ister a program to provide grants related to switching residences to
electric heat pumps
The People of the State of New York, represented in Senate and Assem-bly, do enact as follows:
1 Section 1. Section 1854 of the public authorities law is amended by
2 adding a new subdivision 27 to read as follows:
3 27. To administer a program, using funds provided for such purpose, to
4 provide grants or loans based on standards and guidelines established by
5 the authority, for the costs related to enabling switching residences
6 with propane or fuel-oil heating systems to efficient electric heat
7 pumps, including energy efficiency measures.
8 § 2. This act shall take effect immediately.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD13583-02-4
