Bill > S08491

This bill amends the New York Public Service Law to address what happens when the Public Service Commission (PSC) denies a utility's request for a rate increase or change in service. Specifically, the bill stipulates that if the PSC rejects a utility's proposal to raise rates, change tariffs, modify service terms, or alter contractual agreements, the existing rates, charges, tariffs, and services will remain in effect exactly as they were before the denial. This ensures continuity of utility services and prevents a potential regulatory gap that could arise from a denied rate increase. The bill provides a clear procedural safeguard by maintaining the status quo until the PSC approves a new rate structure, which protects both utility companies and consumers from sudden service disruptions or unexpected changes. The legislation takes effect immediately upon passage.

Transportation and Infrastructure

https://www.nysenate.gov/legislation/bills/2025/S8491