Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
May 04, 2016 |
held for consideration in energy |
Jan 06, 2016 |
referred to energy |
Jan 29, 2015 |
referred to energy |
Assembly Bill A4068
2015-2016 Legislative Session
Sponsored By
KOLB
Archive: Last Bill Status - In Assembly Committee
- Introduced
-
- In Committee Assembly
- In Committee Senate
-
- On Floor Calendar Assembly
- On Floor Calendar Senate
-
- Passed Assembly
- Passed Senate
- Delivered to Governor
- Signed By Governor
Actions
2015-A4068 (ACTIVE) - Details
- Current Committee:
- Assembly Energy
- Law Section:
- Public Service Law
- Laws Affected:
- Amd §65, Pub Serv L
- Versions Introduced in 2013-2014 Legislative Session:
-
A5563
2015-A4068 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 4068 2015-2016 Regular Sessions I N A S S E M B L Y January 29, 2015 ___________ Introduced by M. of A. KOLB -- read once and referred to the Committee on Energy AN ACT to amend the public service law, in relation to phasing out tran- sition fees THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Section 65 of the public service law is amended by adding a new subdivision 6-a to read as follows: 6-A. TRANSITION FEES. (A) EFFECTIVE AS OF JANUARY FIRST, TWO THOUSAND SIXTEEN: NO ELECTRIC UTILITY SHALL CHARGE A TRANSITION RATE THAT VARIES BY FIFTY PERCENT OR GREATER FROM MONTH-TO-MONTH. (B) ANY ELECTRIC UTILITY WHOSE TRANSITION RATE VARIES BY FIFTY PERCENT OR GREATER FROM MONTH-TO-MONTH MUST PROVIDE THE CUSTOMER WITH A BUDGET PLAN, WHEREIN SUCH BUDGET PLAN INCLUDES A RATE SCHEDULE THAT WILL NOT VIOLATE PARAGRAPH (A) OF THIS SUBDIVISION. (C) NO ELECTRIC UTILITY SHALL CHARGE A TRANSITION FEE IN ADDITION TO OR IN SUBSTITUTION OF A TRANSITION FEE CALCULATED USING A TRANSITION RATE. (D) EFFECTIVE AS OF JANUARY FIRST, TWO THOUSAND SEVENTEEN: NO ELECTRIC UTILITY SHALL CHARGE A TRANSITION RATE THAT EXCEEDS THE MEAN OF THE TRANSITION RATE CHARGED FROM JANUARY, TWO THOUSAND FOURTEEN TO DECEMBER, TWO THOUSAND FOURTEEN. (E) EFFECTIVE AS OF JANUARY FIRST, TWO THOUSAND NINETEEN: NO ELECTRIC UTILITY SHALL CHARGE A TRANSITION FEE. (F) FOR THE PURPOSES OF THIS SUBDIVISION, THE FOLLOWING TERMS SHALL HAVE THE FOLLOWING MEANINGS: (I) "TRANSITION RATE" SHALL BE DEFINED AS THE PRICE PER KILOWATT HOUR CHARGED BY THE ELECTRIC UTILITY TO CALCULATE THE TRANSITION FEE. (II) "TRANSITION FEE" SHALL BE DEFINED AS ANY FEE CHARGED BY AN ELEC- TRIC UTILITY FOR THE ELECTRIC UTILITY'S COSTS, LIABILITIES, AND INVEST- MENTS, SUCH AS UNECONOMIC ASSETS, THAT ELECTRIC UTILITIES WOULD REASON- EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD02730-01-5
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