Bill > S06412

This bill establishes the "ratepayer disclosure and transparency act," which requires the Public Service Commission to produce a monthly report detailing the estimated or actual costs and benefits of state energy programs for ratepayers. Specifically, the bill mandates that the commission, in consultation with the New York State Energy Research and Development Authority, must report on programs such as the New York Climate Leadership and Community Protection Act, renewable portfolio standard, energy efficiency portfolio standard, and several other energy-related initiatives. The report must be submitted to key state leaders including the governor, senate and assembly leaders, and the comptroller by the last day of each month. Additionally, the bill requires utilities to itemize these program costs on monthly billing documents, clearly listing each program that impacts ratepayer expenses. The bill also stipulates that all reported information must be made publicly available on multiple government websites, ensuring transparency about the financial implications of state energy programs. The Public Service Commission is authorized to create necessary rules and regulations to implement these requirements, with the act taking effect immediately upon passage.

Transportation and Infrastructure

https://www.nysenate.gov/legislation/bills/2025/S6412