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Bill > S08128


NY S08128

NY S08128
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
05/15/2025
In Committee
05/15/2025
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 proposes amendments to the public service law to enhance billing transparency for gas and electric corporations in New York State. Specifically, the bill requires that utility bills for public and private gas, electric, and combined gas and electric corporations must now 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 approved by the commission that are not directly related to service provision within the corporation's territory and instead further broader state policy goals. The bill aims to provide ratepayers with a clearer understanding of the different components that make up their utility bills by breaking down the charges into distinct, easily identifiable categories. This increased transparency will help customers better understand the various costs associated with their utility services, including how much they are paying for the actual energy supply, delivery infrastructure, and state-mandated programs. The changes will take effect on January 1, 2027, giving utility companies ample time to modify their billing systems to comply with the new requirements.

Committee Categories

Transportation and Infrastructure

Sponsors (2)

Last Action

REFERRED TO ENERGY AND TELECOMMUNICATIONS (on 05/15/2025)

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