S T A T E O F N E W Y O R K
________________________________________________________________________
11021
I N A S S E M B L Y
April 22, 2026
___________
Introduced by M. of A. BARRETT -- read once and referred to the Commit-
tee on Energy
AN ACT to amend the public service law, in relation to requirements for
the approval of any major rate change
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. Subdivision 12 of section 66 of the public service law is
amended by adding a new paragraph (n) to read as follows:
(N) (I) THE COMMISSION SHALL, IN THEIR EXAMINATION OF ANY FILING BY A
UTILITY THAT WOULD RESULT IN A MAJOR CHANGE IN RATES OR CHARGES, IN
ADDITION TO ANY OTHER REQUIREMENTS OF THIS CHAPTER, CONSIDER THE RATE-
PAYER AFFORDABILITY OF THE FILED SCHEDULE OF RATES OR CHARGES, WITH A
FOCUS ON CUMULATIVE RATE IMPACTS, THE INTERESTS OF LOW- AND MIDDLE-IN-
COME UTILITY CUSTOMERS, AND MINIMIZING RESIDENTIAL ENERGY BURDEN.
(II) THE COMMISSION, UPON THE APPROVAL OF ANY MAJOR CHANGE IN RATES OR
CHARGES, SHALL INCLUDE IN ANY APPROVING ORDER AND MAKE PUBLIC ON ITS
WEBSITE, A WRITTEN SUMMARY OF THE SPECIFIC ACTIONS TAKEN BY THE COMMIS-
SION OR DEPARTMENT DURING THE RATE CASE OR HEARING TO PROMOTE RATEPAYER
AFFORDABILITY, AS IDENTIFIED IN SUBPARAGRAPH (I) OF THIS PARAGRAPH. SUCH
SUMMARY SHALL INCLUDE A DETAILED DESCRIPTION OF THE SPECIFIC ACTIONS AND
STRATEGIES TAKEN BY THE COMMISSION OR DEPARTMENT DURING THE RATE CASE OR
HEARING TO ADDRESS EACH OF THE REQUIRED ITEMS, AN EVALUATION OF THE
EFFECTIVENESS OR SUCCESS OF SUCH ACTIONS, AND ANY INFORMATION DEMON-
STRATING SUCH EFFECTIVENESS OR SUCCESS. IF THE APPROVING ORDER FOR ANY
MAJOR CHANGE IN RATES OR CHARGES INCLUDES A MULTI-YEAR RATE PLAN, THE
INFORMATION REQUIRED PURSUANT TO THIS PARAGRAPH SHALL BE PROVIDED FOR
EACH RATE YEAR INDIVIDUALLY AND AS AN OVERVIEW FOR THE RATE PLAN AS A
WHOLE.
§ 2. This act shall take effect on the sixtieth day after it shall
have become a law and shall not affect any proceedings relating to a
major change in rates or charges initiated on or before such date.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD15646-01-6