Enacts the "utility penalty and customer bill relief act"; requires every gas corporation, electric corporation, combination gas and electric corporation, water-works corporation and the Long Island power authority which fails to achieve annual customer service performance targets in a particular year, which are subject to financial penalties or negative revenue adjustments to return such penalties or adjustments to rate payers as a direct bill credit.
S T A T E O F N E W Y O R K
________________________________________________________________________
10423
I N A S S E M B L Y
March 5, 2026
___________
Introduced by M. of A. BRAUNSTEIN -- read once and referred to the
Committee on Corporations, Authorities and Commissions
AN ACT to amend the public service law and the public authorities law,
in relation to certain corporations and the Long Island power authori-
ty's failure to achieve annual customer service performance targets
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. Short title. This act shall be known and may be cited as
the "utility penalty and customer bill relief act".
§ 2. The public service law is amended by adding a new section 25-b to
read as follows:
§ 25-B. FAILURE TO ACHIEVE ANNUAL CUSTOMER SERVICE PERFORMANCE
TARGETS. 1. ANY GAS CORPORATION, ELECTRIC CORPORATION AND COMBINATION
GAS AND ELECTRIC CORPORATIONS THAT FAIL TO ACHIEVE THEIR ANNUAL CUSTOMER
SERVICE PERFORMANCE TARGETS IN ANY PARTICULAR YEAR, WHICH ARE SUBJECT TO
FINANCIAL PENALTIES OR NEGATIVE REVENUE ADJUSTMENTS AS ESTABLISHED IN
SUCH CORPORATION'S RATE PLAN, SHALL BE RETURNED TO RATE PAYERS BY MEANS
OF DIRECT BILL CREDIT AS SOON AS PRACTICALLY FEASIBLE. EVERY GAS CORPO-
RATION, ELECTRIC CORPORATION OR COMBINATION GAS AND ELECTRIC CORPORATION
SHALL PROVIDE ANY RELEVANT INFORMATION PERTAINING TO SUCH DIRECT BILL
CREDIT TO THE COMMISSION.
2. THE COMMISSION SHALL SUBMIT ANNUALLY TO THE GOVERNOR, THE STATE
COMPTROLLER, THE TEMPORARY PRESIDENT OF THE SENATE, AND THE SPEAKER OF
THE ASSEMBLY, A DETAILED REPORT INDICATING HOW LONG IT TAKES FROM THE
ASSESSMENT OF THE PENALTIES OR NEGATIVE REVENUE ADJUSTMENTS FOR THE GAS
CORPORATION, ELECTRIC CORPORATION OR COMBINATION GAS AND ELECTRIC CORPO-
RATION TO RETURN SUCH FUNDS TO RATE PAYERS, AS WELL AS HOW MUCH THE RATE
PAYER RELIEF IS BASED ON SERVICE CLASS.
§ 3. Subdivision 14 of section 2 of the public service law, as added
by section 1 of part X of chapter 57 of the laws of 2013, is amended to
read as follows:
14. The term "combination gas and electric corporation," when used in
sections twenty-five-a, TWENTY-FIVE-B, sixty-five and sixty-six of this
chapter, includes any gas corporation operating in New York under common
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
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