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NY A08869

Bill

Official Source

Status

Introduced

12/22/2017

Primary Sponsor

Fred Thiele

Click for details

Origin

Assembly

2017-2018 General Assembly

AI Summary

  • Amends Public Service Law § 72 to prohibit the Public Service Commission from authorizing rate increases designed to offset revenue losses caused by consumer energy conservation efforts.

  • Clarifies existing commission authority to fix just and reasonable gas and electricity prices while adding a new restriction on rate-setting practices.

  • Takes effect 120 days after becoming law.

Legislative Description

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

Last Action

ordered to third reading rules cal.171

6/13/2018

Committee Referrals

Rules6/12/2018
Ways and Means5/30/2018
Energy12/22/2017

Full Bill Text

No bill text available