NY State Senate Bill 2023-S8830

Current Bill Status - In Senate Committee Energy And Telecommunications 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

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	Assembly Actions - Lowercase Senate Actions - UPPERCASE
Mar 19, 2024	referred to energy and telecommunications

2023-S8830 (ACTIVE) - Details

Current Committee:: Senate Energy And Telecommunications
Law Section:: Public Service Law
Laws Affected:: Add §18, Pub Serv L

2023-S8830 (ACTIVE) - Summary

Enacts the "energy assessment cap and consumer cost relief act" to limit certain surcharge increases; directs studies on costs associated with environmental and energy laws; directs a study on the value of assets and utility gas infrastructure discontinued as a result of laws and regulatory actions; institutes a moratorium on related surcharges, taxes, fees and cost bearing regulations for five years.

2023-S8830 (ACTIVE) - Sponsor Memo

                                 
BILL NUMBER: S8830

SPONSOR: CANZONERI-FITZPATRICK
 
TITLE OF BILL:

An act to amend the public service law, in relation to limits on
surcharge increases; directing a study of the costs associated with
recent environmental and energy related laws and the value of stranded
utility assets resulting in discontinuance and/or abandonment of utility
gas infrastructure; and imposing a moratorium on new energy taxes, fees
and regulations

 
PURPOSE:

To limit surcharge increases and study the impact of state policies and
regulations on ratepayers.

 
SUMMARY OF PROVISIONS:

Section 1. Titles the bill the "Energy Assessment Cap and Consumer Cost
Relief Act of 2024."

Section 2. Amends the public service law by adding a new section 18
which limits the surcharge increases the commission may issue.

Section 3. Directs the Department of Public Service to issue requests
for proposals for an independent vendor to conduct a cost study of state
policies and regulations associated with environmental and energy
related laws issued since 2019.

Section 4. Directs the Department of Public Service to issue requests
for proposals for an independent vendor to conduct a study on the value
of stranded assets.

Section 5. Issues a moratorium on new energy taxes, fees, and regu-
lations for a five year period.

Section 6. Sets the effective date.

 
JUSTIFICATION:

New Yorkers have seen utility bills skyrocket since the implementation
of the CLCPA. It is important that we give ratepayers some relief while
we figure out exactly what the fiscal ramifications of implementing the
CLCPA will be. Moving forward with the provisions of the CLCPA must come
with transparency for ratepayers and getting an unbiased third party
opinion is the best way to bring that to fruition.

 
LEGISLATIVE HISTORY:

New bill.

 
FISCAL IMPLICATIONS:

To be determined, and this legislation will provide greater transparency
on potential costs associated with the CLCPA

 
EFFECTIVE DATE:
This act shall take effect immediately

2023-S8830 (ACTIVE) - Bill Text download pdf

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   8830
 
                             I N  S E N A T E
 
                              March 19, 2024
                                ___________
 
 Introduced  by  Sen.  CANZONERI-FITZPATRICK  --  read  twice and ordered
   printed, and when printed to be committed to the Committee  on  Energy
   and Telecommunications
 
 AN  ACT  to  amend  the  public  service  law,  in relation to limits on
   surcharge increases; directing a study of the  costs  associated  with
   recent environmental and energy related laws and the value of stranded
   utility assets resulting in discontinuance and/or abandonment of util-
   ity gas infrastructure; and imposing a moratorium on new energy taxes,
   fees and regulations
 
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. This act shall be known and may be  cited  as  the  "energy
 assessment cap and consumer cost relief act of 2024".
   §  2.  The public service law is amended by adding a new section 18 to
 read as follows:
   § 18. LIMIT ON SURCHARGE INCREASES.   NOTWITHSTANDING ANY  LAW,  RULE,
 REGULATION  OR  ORDER TO THE CONTRARY, THE COMMISSION SHALL NOT INCREASE
 THE AMOUNT OF  THE  SURCHARGE  ON  THE  SYSTEM  BENEFIT  CHARGE  OR  THE
 SURCHARGE  FOR THE RENEWABLE PORTFOLIO STANDARD OR THE SURCHARGE FOR THE
 ENERGY EFFICIENCY PORTFOLIO STANDARD OR ANY SIMILAR  FUND  THAT  MAY  BE
 CREATED  BY  ORDER  OF  THE COMMISSION BEFORE THE EFFECTIVE DATE OF THIS
 SECTION, WHETHER SUCH FUND IS NEW OR IS A RESULT  OF  COMBINING  ALL  OR
 SOME  OF THE SURCHARGES REFERENCED HEREIN. NOTHING IN THIS SECTION SHALL
 BE CONSTRUED AS TO PREVENT THE COMMISSION FROM LOWERING  THE  AMOUNT  OF
 ANY  SURCHARGE  EITHER  INDIVIDUALLY  OR  COLLECTIVELY  FROM  THE AMOUNT
 COLLECTED IN TWO THOUSAND NINETEEN, EXCEPT THAT UNDER  NO  CIRCUMSTANCES
 SHALL THE TOTAL COST OF THOSE CHARGES EXCEED THE TOTAL AGGREGATE AMOUNTS
 COLLECTED IN TWO THOUSAND NINETEEN.
   §  3.  The  department  of  public  service  shall issue a request for
 proposals to choose an independent vendor who will  perform  a  thorough
 analysis  of  the costs associated with environmental and energy related
 laws, regulations, rules and policies adopted since 2019. Such  analysis
 shall  establish  not  only  the  costs already incurred, but also those
 anticipated future costs and specific cost impacts  on  all  classes  of
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.

                                                            LBD14852-01-4
 S. 8830                             2
 
 ratepayers. A request for proposal shall be issued within 90 days of the
 effective  date of this act and such study and report shall be completed
 within 12 months of the award of the  contract.  Such  report  shall  be
 published  on the department's website and provided to the governor, the
 speaker of the assembly, the temporary  president  of  the  senate,  the
 minority leader of the senate and the minority leader of the assembly.
   §  4.  The  department  of  public  service  shall issue a request for
 proposals and choose a qualified vendor to conduct a  study  as  to  any
 stranded utility assets resulting from legislative or regulatory actions
 that,  whether  intentional or unintentional, lead to the discontinuance
 and/or abandonment of  utility  gas  infrastructure.  Such  study  shall
 include, at a minimum, an analysis of the value and cost of said infras-
 tructure,  the number, type and value of jobs lost due to the discontin-
 uance of its use and recommendations as to cost recovery for any  inves-
 tor owned utility that holds such infrastructure. In addition, the study
 shall measure the value of stranded assets of homeowners/businesses with
 gas  equipment  with  remaining  useful life when gas is discontinued. A
 request for proposal shall be issued within 90  days  of  the  effective
 date  of this act and such study and report shall be completed within 12
 months of the award. Such report shall be published on the  department's
 website  and  provided to the governor, the speaker of the assembly, the
 temporary president of the senate, the minority leader of the senate and
 the minority leader of the assembly.
   § 5. Notwithstanding any law, rule, regulation or order to the contra-
 ry, the public service commission and the legislature shall  not  estab-
 lish any new surcharge assessment, tax or fee or cost bearing regulation
 based  on  the  analyses performed under sections three and four of this
 act on energy consumers for a period of five years.
   § 6. This act shall take effect immediately.

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Senate Bill S8830

Sponsored By

Current Bill Status - In Senate Committee Energy And Telecommunications Committee

2023-S8830 (ACTIVE) - Details

2023-S8830 (ACTIVE) - Summary

2023-S8830 (ACTIVE) - Sponsor Memo

2023-S8830 (ACTIVE) - Bill Text download pdf

Comments

Senate Bill S8830

Share this bill

Sponsored By

Patricia Canzoneri-Fitzpatrick

Current Bill Status - In Senate Committee Energy And Telecommunications Committee

2023-S8830 (ACTIVE) - Details

2023-S8830 (ACTIVE) - Summary

2023-S8830 (ACTIVE) - Sponsor Memo

2023-S8830 (ACTIVE) - Bill Text download pdf

Comments