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NY A03875
Bill
Status
1/30/2025
Primary Sponsor
Jeffrey Dinowitz
Click for details
AI Summary
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Requires energy services companies (ESCOs) to include a side-by-side price comparison on the first page of each billing statement showing what the customer paid versus what they would have paid with their local utility
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Mandates ESCOs provide an itemized list of charges for any energy-related value-added products separately from commodity and delivery service charges
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Requires ESCOs to send customers an annual statement comparing total ESCO charges over 12 months to what the local utility would have charged, clearly indicating whether the customer saved money or paid a premium
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Takes effect 180 days after becoming law, with immediate authorization for regulatory agencies to develop implementation rules
Legislative Description
Requires that a billing statement delivered to the customer by an energy services company include a side-by-side comparison showing both the price charged by the energy service company for commodity and delivery service during the prior billing period, and the price the customer would have paid had they taken commodity and delivery service from their local utility corporation or municipality; requires an energy service company to provide each of its customers with an annual statement comparing the price charged by the energy service company for commodity and delivery services and other energy-related value-added products over the prior twelve-month period with the price such customer would have paid had they taken commodity and delivery service from their local utility corporation or municipality.
Last Action
substituted by s3876
4/1/2025