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NY A08686
Bill
Status
1/12/2016
Primary Sponsor
Fred Thiele
Click for details
AI Summary
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Amends Section 72 of the Public Service Law to address energy conservation and lost revenues in utility rate regulation.
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Corrects statutory language by replacing "chapter" with "article" in references to the Public Service Law for technical clarification.
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Limits the Public Service Commission's authority to fix utility rates and charges for gas or electricity by preventing rate increases designed to offset revenue losses from consumer energy conservation efforts.
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Applies to all persons or corporations providing gas or electricity services subject to commission oversight.
Legislative Description
Prevents the public service commission from raising utility rates to offset revenue loss due to energy conservation efforts by consumers.
Last Action
referred to energy
1/12/2016