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    Build Public Renewables Act One Pager For Legislators

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    Luke Parsnow
    The document summarizes the Build Public Renewables Act (BPRA), which would empower the New York Power Authority (NYPA) to build large-scale renewable energy projects to help New York meet its climate goals. Currently, NYPA is restricted from building more than six projects over 25MW. The BPRA would remove this restriction and require NYPA to build enough renewables to reach 70% renewable energy by 2030. It would also phase out NYPA's fossil fuel plants, provide renewable energy to public buildings, and create jobs. Supporters argue it would boost the economy and energy independence while keeping costs low.

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    Build Public Renewables Act One Pager For Legislators

    Uploaded by

    Luke Parsnow
    4K views1 page
    The document summarizes the Build Public Renewables Act (BPRA), which would empower the New York Power Authority (NYPA) to build large-scale renewable energy projects to help New York meet its climate goals. Currently, NYPA is restricted from building more than six projects over 25MW. The BPRA would remove this restriction and require NYPA to build enough renewables to reach 70% renewable energy by 2030. It would also phase out NYPA's fossil fuel plants, provide renewable energy to public buildings, and create jobs. Supporters argue it would boost the economy and energy independence while keeping costs low.

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    Build Public Renewables Act One Pager for Legislators

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    Build Public Renewables Act One Pager for Legislators

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    The document summarizes the Build Public Renewables Act (BPRA), which would empower the New York Power Authority (NYPA) to build large-scale renewable energy projects to help New York meet its climate goals. Currently, NYPA is restricted from building more than six projects over 25MW. The BPRA would remove this restriction and require NYPA to build enough renewables to reach 70% renewable energy by 2030. It would also phase out NYPA's fossil fuel plants, provide renewable energy to public buildings, and create jobs. Supporters argue it would boost the economy and energy independence while keeping costs low.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    4K views1 page

    Build Public Renewables Act One Pager For Legislators

    Uploaded by

    Luke Parsnow
    The document summarizes the Build Public Renewables Act (BPRA), which would empower the New York Power Authority (NYPA) to build large-scale renewable energy projects to help New York meet its climate goals. Currently, NYPA is restricted from building more than six projects over 25MW. The BPRA would remove this restriction and require NYPA to build enough renewables to reach 70% renewable energy by 2030. It would also phase out NYPA's fossil fuel plants, provide renewable energy to public buildings, and create jobs. Supporters argue it would boost the economy and energy independence while keeping costs low.

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    PUBLICPOWERNY.

    ORG
    Build Public Renewables Act (S4134/A279)

    The Problem: Currently, New York still gets only 5% of its electricity from wind and solar, and 29%
    from all renewables including NYPA’s pre-existing hydropower. We do not have enough renewable
    projects planned to meet the CLCPA’s target of 70% renewable energy by 2030, and several planned
    projects have already been canceled due to inflation and changing market conditions. Fossil fuel prices
    are rising far above the cost of renewables, millions of New Yorkers can’t afford their utility bills, and there
    is currently no plan for a just transition to help fossil fuel workers transition to sustainable jobs.

    The Solution: Enable the New York Power Authority (NYPA) to build and own new renewable
    electricity generation projects. NYPA is the largest public power provider in the country, and already
    provides 25% of NY’s energy, of which about 88% is affordable, renewable hydroelectric power. But
    NYPA is artificially restricted from building or owning more than six renewable projects over 25MW. This
    bill would remove this restriction to allow NYPA to build new large-scale renewables more quickly,
    affordably, and democratically than private developers can, and to guarantee that we meet our climate
    targets in time to preserve a livable planet.

    The Build Public Renewables Act (BPRA) will:


    ● Empower and require NYPA to build and own enough new renewable generation to guarantee
    that the state meets the CLCPA’s mandate of 70% renewable energy by 2030.
    ● Require NYPA to phase out the dozen fossil fuel plants it now owns by 2030 unless NYISO finds
    they are needed for reliability, with a just transition for fossil fuel workers including funding for
    retraining and priority hiring for displaced workers on all renewable projects built by this act.
    ● Enable NYPA to sell low-cost renewable energy directly to NY residential customers, with a
    50% discount for low-to-moderate income customers, prioritizing disadvantaged communities.
    ● Require NYPA to provide all state-owned buildings with 100% renewable energy by 2030, and
    all municipal-owned buildings with 100% renewable energy by 2035, on an opt-out basis.
    ● Direct NYPA and NYSERDA to help perform retrofits, remediate toxins, and implement efficiency
    measures in the public buildings that need them the most. This program will install heat pumps
    in all public housing and public schools by 2035, prioritizing disadvantaged communities.
    ● The bill includes a democratization plan for NYPA as well as transparency mechanisms. NYPA will
    hold annual public hearings on their renewable energy plans and seek feedback from local
    communities on siting decisions.
    ● The bill will be revenue neutral for the state, and will be financed through a combination of NYPA’s
    low-cost bond issuances, free cash flows, and progressive electric rates.
    ● This would generate between $48.6-$93.5 billion in additional economic activity by 2030, and
    keep more of the dollars we spend on energy in New York. Right now, $36 billion of the $61
    billion we pay annually for energy flows out of state because we are so reliant on fossil fuels, and
    we use foreign-owned companies to build offshore wind.
    ● This will create between 28,410 - 51,133 good jobs. All NYPA projects will pay prevailing wage
    and will be subject to Project Labor Agreements and buy-American provisions.
    ● A Data for Progress poll found 81% of Democrats and 68% of all likely voters support BPRA
    ● Unions that have expressed support for BPRA include NYSUT, UUP, PSC-CUNY, 1199SEIU, and
    UAW Region 9A.

    Public Power NY Coalition | 914-980-9117 | info@publicpowerny.org

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