Senate Bill S4069 provides an exemption from real property tax for a selection of advanced energy systems, including energy storage. The bill was sponsored by Joseph A. Griffo from the 47th district.
On December 4th, 2017 the NYISO released a document detailing the roles that energy storage can play in New York's electricity markets and laying out a plan for integrating them into the grid more effectively. The document reveals that energy storage will be able to serve several new roles in wholesale markets in the near future. The document breaks up the timeline for energy storage into three steps, which will be concluded by 2023. These steps include: Integration, Optimization, and Aggregation.
Governor Cuomo has approved Energy Storage Deployment legislation and issued an Approval Memorandum. The legislation requires the Public Service Commission to establish a energy storage goals for 2018, and create both policy and regulatory mechanisms to achieve that goal.