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NY A08856

Bill

Official Source

Status

Introduced

12/18/2019

Primary Sponsor

Fred Thiele

Click for details

Origin

Assembly

2019-2020 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
  • Maintains existing commission authority to fix just and reasonable gas and electricity prices, rates, and charges
  • Applies the prohibition at all times when the commission considers rate adjustments
  • 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

referred to energy

1/8/2020

Committee Referrals

Energy12/18/2019

Full Bill Text

No bill text available