Bill > A02740

This bill amends the New York Public Service Law to establish a new rule for utility rate changes. Specifically, when the Public Service Commission (PSC) denies a utility's request for an increased rate, charge, tariff, or service modification, the existing rate or service will remain in full effect until the PSC approves a new rate or service. This provision ensures that utilities cannot implement higher rates or changes to services without explicit PSC approval, and protects consumers from potential sudden rate increases by maintaining the status quo during rate review processes. The bill provides a safeguard that prevents utilities from unilaterally changing their rates or services without regulatory oversight, and mandates that the current pricing and service terms continue to be valid until the commission completes its review and potentially approves a new rate structure. The bill takes effect immediately upon enactment.

Agriculture and Natural Resources

https://www.nysenate.gov/legislation/bills/2025/A2740