Bill

Bill > A08414


NY A08414

NY A08414
Enacts the "ratepayer transparency act" which requires bills utilized by public and private gas corporations, electric corporations and gas and electric corporations in levying charges for service to include separate categories for certain charges.


summary

Introduced
05/14/2025
In Committee
05/20/2025
Crossed Over
Passed
Dead

Introduced Session

2025-2026 General Assembly

Bill Summary

AN ACT to amend the public service law, in relation to enacting the "ratepayer transparency act"

AI Summary

This bill, known as the "Ratepayer Transparency Act," amends the public service law to require more detailed billing practices for gas and electric corporations. Specifically, the bill mandates that utility bills include separate categories for three distinct types of charges: (1) the supply of electricity or gas, (2) the delivery of electricity or gas, and (3) statewide charges that are not directly related to service provision but further state policy objectives. The Public Service Commission is empowered to oversee and implement these new billing format requirements, with the goal of providing customers with clearer, more transparent information about the various components of their utility bills. The bill aims to help ratepayers better understand the breakdown of their utility charges by distinguishing between supply, delivery, and broader policy-related costs. The new billing requirements will take effect on January 1, 2027, giving utility companies ample time to adjust their billing systems to comply with the new regulations.

Committee Categories

Agriculture and Natural Resources

Sponsors (2)

Last Action

reported referred to rules (on 05/20/2025)

bill text


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