Bill > A03875

This bill requires energy service companies (ESCOs) to provide more transparent billing information to customers by mandating two key reporting mechanisms. First, the bill requires that each billing statement's first page include a side-by-side comparison showing the price charged by the ESCO for commodity and delivery services during the prior billing period, alongside the price the customer would have paid if they had received those services from their local utility corporation or municipality. Additionally, the billing statement must separately itemize any energy-related value-added products and their associated prices. Second, ESCOs must provide customers with an annual statement comparing their prices over the past twelve months with what the customer would have paid from a local utility, and this statement must clearly indicate whether the customer is saving money or paying a premium for ESCO services. The bill also empowers the attorney general to bring civil actions against ESCOs that violate these requirements, with potential penalties up to $1,000 per violation, and allows individual customers to seek damages if they have been injured by such violations. These provisions aim to increase transparency and help consumers make more informed decisions about their energy services. The bill will take effect 180 days after becoming law.

Agriculture and Natural Resources, Housing and Urban Affairs

https://www.nysenate.gov/legislation/bills/2025/A3875