senate Bill S616

2013-2014 Legislative Session

Provides that every schedule of rates of gas and electric corporations which is based on operation of over 18 months, shall be reviewed annually

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Archive: Last Bill Status - In Committee


  • Introduced
  • In Committee
  • On Floor Calendar
    • Passed Senate
    • Passed Assembly
  • Delivered to Governor
  • Signed/Vetoed by Governor

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Actions

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Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Jan 08, 2014 referred to energy and telecommunications
Jan 09, 2013 referred to energy and telecommunications

S616 - Details

See Assembly Version of this Bill:
A646
Current Committee:
Law Section:
Public Service Law
Laws Affected:
Amd §66, Pub Serv L
Versions Introduced in Previous Legislative Sessions:
2011-2012: S1979, A2365
2009-2010: A1672

S616 - Summary

Provides that every gas or electric rate schedule, which is based on projections of revenues, expenditures and utility operations for more than 18 months, shall be annually reviewed by the public service commission; such review proceeding shall include all the parties involved in the proceeding at which such schedule was originally approved.

S616 - Sponsor Memo

S616 - Bill Text download pdf

                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                   616

                       2013-2014 Regular Sessions

                            I N  S E N A T E

                               (PREFILED)

                             January 9, 2013
                               ___________

Introduced  by Sen. GIANARIS -- read twice and ordered printed, and when
  printed to be committed to the Committee on  Energy  and  Telecommuni-
  cations

AN  ACT to amend the public service law, in relation to requiring annual
  reviews of multi-year rate plans

  THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section 1. Paragraph (f) of subdivision 12 of section 66 of the public
service  law,  as amended by chapter 154 of the laws of 1989, is amended
to read as follows:
  (f) Whenever there shall be filed with the commission by  any  utility
any  schedule stating a new rate or charge, or any change in any form of
contract or agreement or any rule or regulation relating  to  any  rate,
charge  or service, or in any general privilege or facility, the commis-
sion may, at any time within sixty days from the date when such schedule
would or has become effective, either upon complaint  or  upon  its  own
initiative,  and, if it so orders, without answer or other formal plead-
ing by the utility, but upon reasonable notice, hold a hearing  concern-
ing  the propriety of a change proposed by the filing. If such change is
a major change, the commission shall hold such a hearing.  Pending  such
hearing  and  decision  thereon,  the  commission, upon filing with such
schedule and delivering to the utility, a statement in  writing  of  its
reasons  therefor,  may  suspend the operation of such schedule, but not
for a longer period than one hundred and twenty  days  beyond  the  time
when  it  would  otherwise  go  into effect. After full hearing, whether
completed before or after the schedule goes into effect, the  commission
may  make  such  order  in  reference  thereto  as  would be proper in a
proceeding begun after the rate, charge, form of contract or  agreement,
rule,  regulation,  service,  general  privilege  or facility had become
effective. If any such hearing cannot be concluded within the period  of

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.

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