Bill > S05250

This bill enacts the "energy assessment cap and consumer cost relief act," which aims to control energy-related costs and impacts. The bill limits increases to existing surcharges on system benefit charges, renewable portfolio standards, and energy efficiency portfolio standards, effectively capping these charges at 2019 levels. It mandates two comprehensive studies: one to analyze the costs of environmental and energy-related laws, regulations, and policies adopted since 2019, including their current and anticipated future impacts on ratepayers; and another to evaluate stranded utility assets resulting from legislative or regulatory actions that lead to the discontinuance of gas infrastructure. The bill examines the value of abandoned infrastructure, potential job losses, and recommendations for cost recovery. Additionally, it imposes a five-year moratorium on establishing new energy-related surcharges, taxes, fees, or cost-bearing regulations based on the findings of these studies. The studies must be completed within 12 months of contract award, with reports published on the department's website and shared with key state government leaders. The bill is designed to provide transparency about energy-related costs and protect consumers from potential additional financial burdens.

Transportation and Infrastructure

https://www.nysenate.gov/legislation/bills/2025/S5250