S T A T E O F N E W Y O R K
________________________________________________________________________
7808
2015-2016 Regular Sessions
I N A S S E M B L Y
May 27, 2015
___________
Introduced by M. of A. RUSSELL -- read once and referred to the Commit-
tee on Energy
AN ACT in relation to authorizing and directing the public service
commission to study the impact on consumers and perform a cost benefit
analysis of the Reforming the Energy Vision (REV) initiative
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. Notwithstanding any other provision of law, the public
service commission is authorized and directed to study the impact on
consumers and perform a cost benefit analysis of the Reforming the Ener-
gy Vision (REV) initiative. Such study and analysis shall include, but
not be limited to:
1. an analysis of the potential benefits and costs of the REV initi-
ative;
2. the impact of REV on electric rates charged to consumers through
additional taxes and fees, increased rates or any other charges required
to fund the REV initiative;
3. the feasibility of other potential initiatives and approaches to
upgrading and updating the current energy infrastructure of this state;
4. an analysis of potential benefits and costs of such other initi-
atives determined to be feasible pursuant to subdivision three of this
section;
5. the impact on consumers resulting from the cost and expense of
replacing existing energy infrastructure; and
6. any other information the public service commission deems neces-
sary.
S 2. The public service commission shall report its findings regarding
the study and analysis authorized and directed to be performed pursuant
to section one of this act to the governor, the temporary president of
the senate, the speaker of the assembly, the minority leader of the
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD10746-01-5
A. 7808 2
senate and the minority leader of the assembly on or before one year
after the effective date of this act.
S 3. No additional taxes and fees, increased rates or any other charg-
es required to fund the REV initiative shall be imposed upon existing
utility rates and charges of consumers of this state until the
completion of the study, analysis and report set forth in this act.
S 4. This act shall take effect immediately.