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NY A08379

Bill

Official Source

Status

Introduced

1/9/2014

Primary Sponsor

Fred Thiele

Click for details

Origin

Assembly

2013-2014 General Assembly

AI Summary

  • Amends Public Service Law Section 72 to prohibit the Public Service Commission from authorizing rate increases to offset revenue losses caused by consumer energy conservation efforts
  • Applies to utility rates for gas and electricity charged by any person, corporation, or municipality
  • Takes effect 120 days after becoming law
  • Does not restrict the Commission's existing authority to fix rates, approve temporary price adjustments, or implement sliding scale rates for natural gas

Legislative Description

Prevents the public service commission from raising utility rates to offset revenue loss due to energy conservation efforts by consumers.

Last Action

advanced to third reading cal.613

5/1/2014

Committee Referrals

Energy1/9/2014

Full Bill Text

No bill text available