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Bill > A06326


NY A06326

NY A06326
Requires gas and electric corporations to provide forty-five days' notice to customers whenever there is a service rate or charge increase.


summary

Introduced
03/04/2025
In Committee
05/21/2025
Crossed Over
Passed
Dead

Introduced Session

2025-2026 General Assembly

Bill Summary

AN ACT to amend the public service law, in relation to requiring gas and electric corporations to provide forty-five days' notice to customers whenever there is a service rate or charge increase

AI Summary

This bill amends the New York Public Service Law to require gas and electric corporations to provide customers with a written notice at least 45 days before implementing any rate or charge increases. Currently, there may not be a standardized advance notice requirement for utility rate changes. The bill mandates that all gas and electric corporations must send a written notification to each customer they serve, informing them about an upcoming rate or charge increase at least 45 days before the new rates take effect. This provides consumers with more advanced warning about potential increases in their utility bills, giving them time to prepare for the added expense or explore alternative service options. The legislation aims to increase transparency and provide utility customers with greater financial predictability by ensuring they are informed well in advance of any service rate changes. The bill would take effect immediately upon becoming law.

Committee Categories

Agriculture and Natural Resources

Sponsors (18)

Last Action

substituted by s1194b (on 05/21/2025)

bill text


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