Bill > S03876

This bill requires energy service companies (ESCOs) to provide more transparent billing information to customers. Specifically, the first page of each billing statement must now include a side-by-side comparison showing the price charged by the ESCO for commodity and delivery services during the billing period, and what the customer would have paid if they had received the same services from their local utility corporation or municipality. Additionally, the bill mandates that ESCOs provide an annual statement to each customer comparing their prices over the previous twelve months, with clear language indicating whether the customer is saving money or paying a premium for the ESCO's 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. Customers are also granted the right to sue for damages if they have been injured by an ESCO's non-compliance. The new requirements aim to increase transparency and help consumers make more informed choices about their energy services. The bill will take effect 180 days after becoming law, giving ESCOs time to adjust their billing practices.

Agriculture and Natural Resources, Business and Industry

https://www.nysenate.gov/legislation/bills/2025/S3876