Bill > A01126

This bill introduces the "utility ratepayer protection act," which amends the public service law to require legislative approval for utility rate increases. Specifically, the bill mandates that any proposed increase in utility fees, rentals, and charges must be submitted to the legislature in a written report at least 180 days before the proposed effective date. The report must include a detailed justification for the increase and information about the utility's current financial condition. The legislature may request additional information as needed. Importantly, the proposed rate increase cannot take effect unless it is approved by a majority vote in both houses of the legislature. If the legislature or its committees determine that the proposed increases are not necessary to cover service expenses, including infrastructure maintenance and operation, the rate increase will be blocked until it receives legislative approval. This bill aims to provide greater legislative oversight and consumer protection by giving lawmakers the power to review and potentially reject utility rate increases.

Agriculture and Natural Resources

https://www.nysenate.gov/legislation/bills/2025/A1126