Requires financial security for reclamation for solar and wind electric generating systems

Summary

The bill makes it mandatory for anyone seeking a permit to build or operate a solar or wind power facility in New York to provide a financial security—usually a bond—to guarantee land reclamation after the project ends. The bond amount is set by the state commission or office based on estimated cleanup costs and stays in force until the site is approved as reclaimed. If the bond is not maintained, the permit can be suspended, a lien placed on the developer’s assets, and the state may sue to recover costs.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

Topics

Share