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NY S03876
Bill
Status
12/19/2025
Primary Sponsor
Brad Hoylman-Sigal
Click for details
AI Summary
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Requires energy services companies (ESCOs) to include on the first page of each billing statement a side-by-side comparison of the ESCO's price versus what the customer would have paid through their local utility for commodity and delivery service
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Mandates that billing statements separately itemize prices charged by the ESCO for any energy-related value-added products apart from basic commodity and delivery charges
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Requires ESCOs to provide customers with an annual statement comparing total ESCO charges over the prior 12 months to what the customer would have paid through their local utility, clearly showing whether the customer saved money or paid a premium
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Amends the general business law by adding these disclosure requirements to existing consumer protection provisions for energy services companies
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Takes effect 180 days after becoming law, with rule-making authority granted immediately to allow implementation by the effective date
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
APPROVAL MEMO.65
12/19/2025