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Assembly Bill A8414

2025-2026 Legislative Session

Enacts the ratepayer transparency act

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2025-A8414 (ACTIVE) - Details

See Senate Version of this Bill:
S8128
Current Committee:
Assembly Rules
Law Section:
Public Service Law
Laws Affected:
Amd §66, Pub Serv L

2025-A8414 (ACTIVE) - Summary

Enacts the "ratepayer transparency act" which requires bills utilized by public and private gas corporations, electric corporations and gas and electric corporations in levying charges for service to include separate categories for certain charges.

2025-A8414 (ACTIVE) - Bill Text download pdf 

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   8414
 
                        2025-2026 Regular Sessions
 
                           I N  A S S E M B L Y
 
                               May 14, 2025
                                ___________
 
 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  enacting  the
   "ratepayer transparency act"
 
   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  "ratepayer
 transparency act".
   §  2.  Subdivision  12-a  of  section 66 of the public service law, as
 added by chapter 527 of the laws of 1977, is amended to read as follows:
   12-a. Have power  to  fix  and  alter  the  format  and  informational
 requirements  of  bills utilized by public and private gas corporations,
 electric corporations and  gas  and  electric  corporations  in  levying
 charges  for  service,  to  assure simplicity and clarity and to require
 indication of any adjustment charges, including but not limited to  fuel
 adjustments,  in  monetary  amounts. The commission shall further ensure
 periodic explanation of applicable rates  and  rate  schedules  for  the
 purpose of assisting customers in making the most efficient use of ener-
 gy.   THE COMMISSION SHALL FURTHER REQUIRE THAT BILLS UTILIZED BY PUBLIC
 AND PRIVATE GAS CORPORATIONS, ELECTRIC CORPORATIONS AND GAS AND ELECTRIC
 CORPORATIONS IN LEVYING CHARGES FOR SERVICE INCLUDE AT A MINIMUM,  SEPA-
 RATE  CATEGORIES FOR CHARGES RELATED TO (A) THE SUPPLY OF ELECTRICITY OR
 GAS, (B) THE DELIVERY  OF  ELECTRICITY  OR  GAS,  AND  (C)  ALL  CHARGES
 APPROVED  BY  THE  COMMISSION  WHICH  HAVE  A  STATEWIDE IMPACT, ARE NOT
 DIRECTLY RELATED TO THE RECOVERY OF COSTS FOR THE PROVISION  OF  SERVICE
 WITHIN  THE  ELECTRIC  OR GAS CORPORATION'S SERVICE TERRITORY, AND WHICH
 FURTHER A POLICY OF THE STATE BEYOND THE  FINANCIAL  INTEGRITY  OF  SUCH
 CORPORATION  OR  ITS  FUNCTION  AS A SERVICE PROVIDER WITHIN ITS SERVICE
 TERRITORY.
   § 3. This act shall take effect January 1, 2027.
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD13068-01-5

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