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A08595 Summary:

BILL NOA08595A
 
SAME ASSAME AS S08504-A
 
SPONSORZebrowski
 
COSPNSRJacobson, Otis, Rosenthal L, Thiele, Levenberg
 
MLTSPNSR
 
Amd §1854, Pub Auth L
 
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.
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A08595 Memo:

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.
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A08595 Text:



 
                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
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