A00994 Summary:

BILL NO    A00994 

SAME AS    No same as

SPONSOR    Thiele

COSPNSR    

MLTSPNSR   Galef

Amd S72, Pub Serv L

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

A00994 Actions:

BILL NO    A00994 

01/07/2009 referred to energy
02/10/2009 reported referred to ways and means
01/06/2010 referred to energy

A00994 Votes:

A00994 Memo:

 BILL NUMBER:  A994

 TITLE OF BILL :  An act to amend the public service law, in relation
to energy conservation and lost revenues

 PURPOSE OR GENERAL IDEA OF BILL :  Prohibits the Public Service
Commission from authorizing utility rate increases for utility
companies to offset any loss of revenues due to consumer conservation
efforts.
 SUMMARY OF SPECIFIC PROVISIONS :  This bill amends Section 72 of the
Public Service Law, as amended by chapter 212 of the laws of 1934.
This section of the Public Service Law contains the provisions of
fixing prices of gas or electricity.
 JUSTIFICATION :  Utility rate customers throughout the state are
being unfairly penalized for making their homes more energy efficient.
As area homeowners make valiant attempts to reduce energy consumption,
utility companies continue to raise rates, citing a loss of revenue
stemming from the reduced demand for energy. Utility companies
continually promote home energy conservation projects, which if
implemented correctly, are intended to reduce energy use and cut costs
for consumers.  Unfortunately, it appears the more successful our home
energy savings programs are, the higher our rates are going to be.
 PRIOR LEGISLATIVE HISTORY :
1999-00, A.1348-Held for consideration in Energy
2001-02, A.2933-Reported from Energy, referred to Way & Means
2003-04, A.1013-Reported from Energy, referred to Way & Means
2005-06, A.1068-Passed Assembly 2007-08, A591- Reported from Energy
and Ways and Means, referred to Rules
 FISCAL IMPLICATIONS :  None to the State.
 EFFECTIVE DATE :  This act shall take effect 120 days after it shall
have become law.