Enacts the "ratepayer disclosure and transparency act" which requires an annual report that includes the estimated or actual ratepayer costs and benefits of any mandated state energy program to the governor and legislature including any New York climate leadership and community protection act compliance costs.
STATE OF NEW YORK
________________________________________________________________________
6412
2025-2026 Regular Sessions
IN SENATE
March 13, 2025
___________
Introduced by Sen. O'MARA -- read twice and ordered printed, and when
printed to be committed to the Committee on Energy and Telecommuni-
cations
AN ACT to amend the public service law, in relation to enacting the
"ratepayer disclosure and transparency act"
The People of the State of New York, represented in Senate and Assem-bly, do enact as follows:
1 Section 1. This act shall be known and may be cited as the "ratepayer
2 disclosure and transparency act".
3 § 2. The public service law is amended by adding a new section 28 to
4 read as follows:
5 § 28. Annual disclosure and transparency report. 1. The commission in
6 consultation with the New York state energy research and development
7 authority shall annually report the estimated or actual ratepayer costs
8 and benefits of any mandated state energy program, including programs
9 associated with the New York climate leadership and community protection
10 act, to the governor, the temporary president of the senate, the speaker
11 of the assembly, the senate minority leader and the assembly minority
12 leader by December thirty-first of each year. In addition, the commis-
13 sion shall require itemized lists of New York climate leadership and
14 community protection act compliance costs to be prominently displayed on
15 the utility billing documents of every resident of the state.
16 2. All information reported by the public service commission as
17 required under subdivision one of this section shall be made available
18 as a public record and posted to the public service commission website
19 simultaneously with submittal to the governor, the temporary president
20 of the senate, the speaker of the assembly, the senate minority leader
21 and the assembly minority leader.
22 3. The public service commission is hereby authorized and directed to
23 promulgate rules and regulations necessary to implement the provisions
24 of this section.
25 § 3. This act shall take effect immediately.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD08908-01-5
